Chicago Bridge & Iron (CBI) formed a strong reversal today. Which stocks are setup to continue their reversal of price action?
Entry on a break of the previous trading day's high. Avoid trade until bid/ask spread is one or two cents. Confirm trade with market and sector strength. Day trade setup is only good for the upcoming trading session.
FB Facebook Inc
AGNC American Capital Agency Corp
Entry on a break of the previous trading day's low. Avoid trade until bid/ask spread is one or two cents. Confirm trade with market and sector weakness. Day trade setup is only good for the upcoming trading session.
CBI Chicago Bridge & Iron N.V.
BWC The Babcock & Wilcox Company
Dave Mecklenburg is the Editor-in-Chief of TigerSharkTrading.com.