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RSI2 Pullbacks for April 3
By Mean Reversion Trader | Published  04/2/2024 | Stocks | Unrated
RSI2 Pullbacks for April 3

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

ABNB Airbnb Inc
ADSK Autodesk, Inc
AGO Assured Guaranty
BROS Dutch Bros Inc
CCEP Coca-Cola Europacific Partners
CRSP CRISPR Therapeutics AG
DUOL Duolingo, Inc. Class A Common
ELF e l f Beauty Inc
HCP HashiCorp Inc
LRN Stride Inc
PATH UiPath 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

BE Bloom Energy Corp
MXL MaxLinear Inc
NEM Newmont Corp
OI O-I Glass Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.