RSI2 Pullbacks for March 4 |
By Mean Reversion Trader |
Published
03/1/2024
|
Stocks
|
Unrated
|
|
RSI2 Pullbacks for March 4
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
BUD Anheuser-Busch InBev SA/NV CVS CVS Health Corp MASI Masimo Corp RAMP LiveRamp Holdings UTZ Utz Brands Inc WH Wyndham Hotels & Resorts 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
ALB Albemarle Corp CALX Calix Inc CIVI Civitas Resources Inc DQ Daqo New Energy Corp GME Gamestop Corp OPRA Opera Limited American D S SQM Sociedad Quimica Y Minera ADS XPOF Xponential Fitness Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|