Which stocks are setup to continue their reversal of price action?
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
ABBV AbbVie Inc
CVS CVS Health Corp
DGX Quest Diagnostics
ELV Elevance Health Inc
INCY Incyte Corp
KNX Knight-Swift Trasportation Hld
LIN Linde PLC
RSG Repub Svcs Inc
SHW Sherwin-Williams
STT State Street Corp
TSCO Tractor Supply
UNH UnitedHealth Grp Inc
UNM Unum Grp
ZTS Zoetis 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
ALGM Allegro MicroSystems Inc
AMAT Applied Materials
FLR Fluor Corp
FTNT Fortinet Inc
GE General Electric Co
KLAC KLA Corp
LRCX Lam Research
LUV Southwest Airlines Co
NWSA News Corp Cl A
PKG Packaging Corp America
QCOM Qualcomm Inc
WAB Wabtec Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.