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RSI2 Pullbacks for March 1
By Mean Reversion Trader | Published  02/29/2024 | Stocks | Unrated
RSI2 Pullbacks for March 1

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

BUD Anheuser-Busch InBev SA/NV
CVS CVS Health Corp
EWTX Edgewise Therapeutics Inc
WH Wyndham Hotels & Resorts 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

ALB Albemarle Corp
CIVI Civitas Resources Inc
DQ Daqo New Energy Corp
EVRI Everi Hldgs Inc
GOF Guggenheim Strat Opp Fd
HRL Hormel Foods Corp
SQM Sociedad Quimica Y Minera ADS
VIRT Virtu Finl Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.