RSI2 Pullbacks for May 6 |
By Mean Reversion Trader |
Published
05/3/2024
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Stocks
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Unrated
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RSI2 Pullbacks for May 6
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
COP ConocoPhillips COR Cencora Inc CYBR CyberArk Software Ltd DASH DoorDash Inc GIL Gildan Activewear Inc HIMS Hims & Hers Health Inc INFA Informatica Inc IR Ingersoll-Rand Plc
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
ATEC Alphatec Hldg Inc BBIO BridgeBio Pharma Inc BE Bloom Energy Corp BMEA Biomea Fusion Inc BNTX BioNTech SE CHRW C.H. Robinson Worldwide Inc ENVX Enovix Corporation Common Stoc HR Healthcare Realty Trust Inc PERI Perion Networkn Ltd. PNM PNM Resources Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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