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Reversal Stock Trades For January 17
http://www.tigersharktrading.com/articles/46315/1/Reversal-Stock-Trades-For-January-17/Page1.html
By Reversal Trader
Published on 01/16/2024
 

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


Reversal Stock Trades For January 17

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

AAPL Apple Inc
ALLY Ally Finl Inc
APTV Aptiv PLC
ARMK Aramark
BBWI Bath & Body Works Inc
CARR Carrier Global Corp
CSCO Cisco Systems
DXCM DexCom Inc
EW Edwards Lifesciences Corp
GEN Gen Digital Inc
GM General Motors Co
JPM JPMorgan Chase & Co
MET Metlife Inc
PCAR PACCAR Inc
PENN PENN Entertainment, Inc
PNC PNC Finl Svcs Grp Inc
SYF Synchrony Finl
TMUS T-Mobile US Inc
TPR Tapestry Inc
V Visa 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

AJG Gallagher (Arthur J.)
BLK Blackrock Inc'A'
ELV Elevance Health Inc
HRL Hormel Foods Corp
LMT Lockheed Martin Corp
MNST Monster Beverage Corporation
PSX Phillips 66
VLO Valero Energy
VTR Ventas Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.