RSI2 Pullbacks for March 12 |
By Mean Reversion Trader |
Published
03/11/2024
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Stocks
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Unrated
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RSI2 Pullbacks for March 12
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
ASO Academy Sports and Outdoors BAH Booz Allen Hamilton Hldg Cp CRSP CRISPR Therapeutics AG ESTC Elastic NV EYPT EyePoint Pharma Inc MOD Modine Manufacturing Co PVH PVH Corp. RARE Ultragenyx Pharmaceutical Inc REVG REV Grp Inc VIPS Vipshop Hldg Ltd
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
DVN Devon Energy EXC Exelon Corp GMAB Genmab A/S Americal Dep HAS Hasbro Inc KVUE Kenvue Inc LNT Alliant Energy Corporation NEE NextEra Energy Inc NEM Newmont Corp PINC Premier Inc Cl A PRGO Perrigo Co plc SBAC SBA Communications'A' TGNA TEGNA Inc WEC WEC Energy Group Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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