RSI2 Pullbacks for April 15 |
By Mean Reversion Trader |
Published
04/12/2024
|
Stocks
|
Unrated
|
|
RSI2 Pullbacks for April 15
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 AM Antero Midstream Corp BYON Beyond Inc CBRE CBRE Grp, Inc. CTVA Corteva Inc W ELAN Elanco Animal Health Inc GES Guess? Inc JPM JPMorgan Chase & Co KHC The Kraft Heinz Company LNC Lincoln Natl Corp MET Metlife Inc MPLX MPLX LP NU NU Holdings Ltd/Cayman Islands PRU Prudential Finl T AT&T Inc TPX Tempur Sealy Intl Inc VZ Verizon Communications
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
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|