RSI2 Pullbacks for May 7 |
By Mean Reversion Trader |
Published
05/6/2024
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Stocks
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Unrated
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RSI2 Pullbacks for May 7
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
AAON Aaon Inc GIL Gildan Activewear 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
BBIO BridgeBio Pharma Inc BE Bloom Energy Corp HR Healthcare Realty Trust Inc INMD InMode Ltd PFE Pfizer Inc PNM PNM Resources Inc RCM R1 RCM Inc TGNA TEGNA Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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