Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Reversal Stock Trades For January 12
http://www.tigersharktrading.com/articles/46301/1/Reversal-Stock-Trades-For-January-12/Page1.html
By Reversal Trader
Published on 01/11/2024
 

Which stocks are setup to continue their reversal of price action?


Reversal Stock Trades For January 12

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

AIRC Apartment Income
ALL Allstate Corp
C Citigrp Inc
DAL Delta Airlines Inc
DHI D.R. Horton
EL Lauder (Estee) Co
EQH Equitable Holdings Inc
HSY The Hershey Co
IPG Interpub Grp Cos
JEF Jefferies Financial Group
KBH KB Home
MAA Mid-Amer Apt Communities, Inc.
NNN NNN REIT Inc
PHM PulteGrp, Inc
RHI Robert Half Inc
SRC Spirit Realty Cap Inc
SYY Sysco Corp
TOL Toll Brothers
UDR UDR Inc
UNH UnitedHealth Grp Inc

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

CHK Chesapeake Energy Corp
DE Deere & Co
HPQ HP Inc
MA Mastercard Inc
MASI Masimo Corp
RPM RPM Intl
SO Southern Co Inc
TTC The Toro Co
VTR Ventas Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.