RSI2 Pullbacks for February 23 |
By Mean Reversion Trader |
Published
02/22/2024
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Stocks
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Unrated
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RSI2 Pullbacks for February 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
ADBE Adobe Inc AKAM Akamai Technologies BOWL Bowlero Corp EYPT EyePoint Pharma Inc RYTM Rhythm Pharm Inc WEAV Weave Communications Inc
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
AMX America Movil S.A.B. de C.V. BG Bunge Global SA BMY Bristol-Myers SQUIBB LI Li Auto Inc MNSO MINISO Group Hldg Ltd PHAT Phathom Pharmaceuticals Inc PODD Insulet Corporation ZTO ZTO Express Cayman Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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