RSI2 Pullbacks for January 22 |
By Mean Reversion Trader |
Published
01/19/2024
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Stocks
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Unrated
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RSI2 Pullbacks for January 22
Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
Long-side setups
AAOI Applied Optoelectronice Inc ASPN Aspen Aerogels Inc CNC Centene Corp ENLC Enlink Midstream LLC FRSH Freshworks Inc. Class A Common HOLI Hollysys Automation Tech IMVT Immunovant Inc NCNO nCino Inc NFE New Fortress Energy Inc PFLT PennantPark Floating Rate Cap ROIV Roivant Sciences Ltd SBAC SBA Communications'A' VIRT Virtu Finl Inc Cl A WRK Westrock Co
Entry on a break of the previous trading day's low. Stop above the deepest pullback high. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
Short-side setups
AON Aon Plc / Ireland
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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