RSI2 Pullbacks for March 13 |
By Mean Reversion Trader |
Published
03/12/2024
|
Stocks
|
Unrated
|
|
RSI2 Pullbacks for March 13
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 CRSP CRISPR Therapeutics AG EYPT EyePoint Pharma Inc RARE Ultragenyx Pharmaceutical 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
ADM Archer-Daniels-Midland BTI British Amer Tobacco ADS EH EHang Holdings HAL Halliburton Co HAS Hasbro Inc MMM 3M Co NAVI Navient Corp THS TreeHouse Foods Inc UPS United Parcel Service Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|