Find out which overbought and oversold stocks are poised for pullbacks to their mean.
Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
Long-side setups
ADEA Adeia Inc
BHP BHP Billiton Ltd ADR
CVS CVS Health Corp
DD DuPont de Nemours Inc
ITW Illinois Tool Works
MSTR Microstrategy Inc'A'
REG Regency Centers
WFC Wells Fargo & Company
Entry on a break of the previous trading day's low. Stop above the deepest pullback high. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
Short-side setups
ATAT Atour Lifestyle Holdings Limit
CPNG Coupang Inc
EFC Ellington Finl LLC
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.