RSI2 Pullbacks for April 18 |
By Mean Reversion Trader |
Published
04/17/2024
|
Stocks
|
Unrated
|
|
RSI2 Pullbacks for April 18
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
AVTR Avantor Inc BROS Dutch Bros Inc CPRT Copart Inc CRH CRH Plc ADS CSX CSX Corp DOW Dow Inc ELAN Elanco Animal Health Inc EMR Emerson Electric Co FTV Fortive Corp GPK Graphic Packaging Hldg Co HAL Halliburton Co HOG Harley-Davidson IR Ingersoll-Rand Plc JPM JPMorgan Chase & Co MET Metlife Inc NU NU Holdings Ltd/Cayman Islands PAGS Pagseguro Digital Ltd PCAR PACCAR Inc UNP Union Pacific Corp USB US Bancorp
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.
|