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.
Long-side setups
AA Alcoa Corp
ADP Automatic Data Proc
ALLY Ally Finl Inc
ARMK Aramark
CCK Crown Hldg
CG The Carlyle Grp Inc
CNP Centerpoint Energy
CPB Campbell Soup
DOW Dow Inc
EQT EQT Corp
EXC Exelon Corp
HD Home Depot Inc
HIG Hartford Finl Svcs Grp
LYB LyondellBasell Ind N.V.
MU Micron Tech
PFE Pfizer Inc
PNM PNM Resources Inc
SYF Synchrony Finl
THC Tenet Healthcare
WY Weyerhaeuser Co
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.
Short-side setups
TXRH Texas Roadhouse Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.