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Reversal Stock Trades For January 16
http://www.tigersharktrading.com/articles/46308/1/Reversal-Stock-Trades-For-January-16/Page1.html
By Reversal Trader
Published on 01/12/2024
 

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


Reversal Stock Trades For January 16

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

BLK Blackrock Inc'A'
CNC Centene Corp
MOH Molina Healthcare
VMC Vulcan Materials

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

AXP American Express Co
BWA Borg Warner
CARR Carrier Global Corp
DVN Devon Energy
GEN Gen Digital Inc
GLW Corning Inc
IFF Intl Flavors/Fragr
JPM JPMorgan Chase & Co
KVUE Kenvue Inc
MDT Medtronic plc
MET Metlife Inc
MMM 3M Co
MO Altria Grp
MS Morgan Stanley
NEM Newmont Corp
PM Philip Morris Intl Inc
PYPL PayPal Hldgs Inc
SYF Synchrony Finl
TPR Tapestry Inc
WY Weyerhaeuser Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.