RSI2 Pullbacks for January 25 |
By Mean Reversion Trader |
Published
01/24/2024
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Stocks
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Unrated
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RSI2 Pullbacks for January 25
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
AMT American Tower Corp BBWI Bath & Body Works Inc GTES Gates Ind Corp PLC IMVT Immunovant Inc RBA Ritchie Bros Auctioneers SUN Sunoco LP USFD US Foods Hldg Corp
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
HP Helmerich & Payne XPRO Expro Group Holdings NV
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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