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RSI2 Pullbacks for January 26
By Mean Reversion Trader | Published  01/25/2024 | Stocks | Unrated
RSI2 Pullbacks for January 26

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

IMVT Immunovant 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

APTV Aptiv PLC
BMEA Biomea Fusion Inc
CVE Cenovus Energy Inc
DO Diamond Offshore Drilling
GFI Gold Fields Ltd
HP Helmerich & Payne
MGY Magnolia Oil & Gas
VTLE Vital Energy Inc
XOM Exxon Mobil

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.