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RSI2 Pullbacks for April 12
By Mean Reversion Trader | Published  04/11/2024 | Stocks | Unrated
RSI2 Pullbacks for April 12

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

AFL AFLAC Inc
AM Antero Midstream Corp
BBVA Banco Bilbao Vizcaya Arg ADS
BYON Beyond Inc
CAH Cardinal Health Inc
CB The Chubb Corp
FAST Fastenal Co
FROG JFrog Ltd
GES Guess? Inc
PFG Principal Finl Grp
PRU Prudential Finl
T AT&T Inc
UNM Unum Grp
VZ Verizon Communications

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

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.