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
ADI Analog Devices
BBY Best Buy
CADE Cadence Bank
CAH Cardinal Health Inc
CSX CSX Corp
ENPH Enphase Energy Inc
FAST Fastenal Co
HON Honeywell Intl
INTU Intuit Inc
K Kellanova
MDLZ Mondelez Int'l Inc Cl A
MKC Mccormick & Co
SNX TD SYNNEX Corp
ST Sensata Technologies Hldg N.V.
STX Seagate Technology Holdings PL
WBS Webster Financial 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.
Short-side setups
APA APA Corp
BMY Bristol-Myers SQUIBB
CVX Chevron Corporation
DVN Devon Energy
FANG Diamondback Energy Inc
LLY Eli Lilly and Co
MTCH Match Group Inc
NTRS Northern Trust
PXD Pioneer Natural Resources
XOM Exxon Mobil
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.