RSI2 Pullbacks for April 9 |
By Mean Reversion Trader |
Published
04/8/2024
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Stocks
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Unrated
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RSI2 Pullbacks for April 9
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
ARLO Arlo Technologies Inc BURL Burlington Stores Inc BYON Beyond Inc CAH Cardinal Health Inc GPS Gap Inc J Jacobs Solutions Inc QSR Restaurant Brands Intl Inc SWTX SpringWorks Therapeutics Inc TRP Transcanada Corp WM Waste Mgt Inc WY Weyerhaeuser Co
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
RILY B Riley Finl Inc TALO Talos Energy Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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