RSI2 Pullbacks for February 6 |
By Mean Reversion Trader |
Published
02/5/2024
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Stocks
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Unrated
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RSI2 Pullbacks for February 6
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
ACMR ACM Research Inc Cl A ASB Associated Banc-Corp BXP Boston Properties CUZ Cousins Properties DOCU DocuSign Inc EXEL Exelixis Inc HOMB Home BancShs Inc HOPE Hope Bancorp Inc HUBG Hub Grp 'A' KRC Kilroy Realty Corp NDAQ NASDAQ Inc RITM Rithm Capital Corp VNO Vornado Realty Trust 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
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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