RSI2 Pullbacks for April 8 |
By Mean Reversion Trader |
Published
04/5/2024
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Stocks
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Unrated
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RSI2 Pullbacks for April 8
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
ADSK Autodesk, Inc ARLO Arlo Technologies Inc ATXS Astria Therapeutics, Inc. Comm BEAM Beam Therapeutics Inc BURL Burlington Stores Inc BYON Beyond Inc ELF e l f Beauty Inc GPS Gap Inc NXT Nextracker Inc PAGS Pagseguro Digital Ltd PATH UiPath Inc QSR Restaurant Brands Intl Inc SWTX SpringWorks Therapeutics Inc WM Waste Mgt 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
EQNR Equinor ASA TALO Talos Energy Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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