RSI2 Pullbacks for January 23 |
By Mean Reversion Trader |
Published
01/22/2024
|
Stocks
|
Unrated
|
|
RSI2 Pullbacks for January 23
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
EDU New Oriental Educ & Tech Grp HOLI Hollysys Automation Tech IMVT Immunovant Inc PFLT PennantPark Floating Rate Cap ROIV Roivant Sciences Ltd TAL TAL Education Grp TSN Tyson Foods '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
BOX Box, Inc INSP Inspire Medical Systems Ins PII Polaris Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|