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
EDU New Oriental Educ & Tech Grp
HOLI Hollysys Automation Tech
IMVT Immunovant Inc
PFLT PennantPark Floating Rate Cap
ROIV Roivant Sciences Ltd
TAL TAL Education Grp
TSN Tyson Foods 'A'
WRK Westrock Co
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
BOX Box, Inc
INSP Inspire Medical Systems Ins
PII Polaris Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.