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RSI2 Pullbacks for March 15
By Mean Reversion Trader | Published  03/14/2024 | Stocks | Unrated
RSI2 Pullbacks for March 15

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

AAOI Applied Optoelectronice Inc
AEP Amer Electric Pwr
ASB Associated Banc-Corp
CRSP CRISPR Therapeutics AG
HBAN Huntington Bancshs
HRB Block (H&R)
JNPR Juniper Networks
MRK Merck & Co
SBS Comp De Saneamento-Sabesp ADS
SNV Synovus Finl Corp
STX Seagate Technology Holdings PL
SUM Summit Matrials Inc
TTD The Trade Desk Inc Cl A

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

LNG Cheniere Energy
SLB Schlumberger Ltd

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.