RSI2 Pullbacks for April 5 |
By Mean Reversion Trader |
Published
04/4/2024
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Stocks
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Unrated
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RSI2 Pullbacks for April 5
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
ABBV AbbVie Inc ABNB Airbnb Inc BURL Burlington Stores Inc BYON Beyond Inc COST Costco Wholesale Corp ELF e l f Beauty Inc GPS Gap Inc GSK GSK PLC IOT Samsara Inc KMX CarMax, Inc LYFT Lyft Inc NVDA Nvidia Corp NXT Nextracker Inc PATH UiPath Inc PFGC Performance Food Grp Co RELX RELX PLC SYY Sysco Corp TTD The Trade Desk Inc Cl A USFD US Foods Hldg Corp V Visa 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
NEM Newmont Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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