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
IMVT Immunovant Inc
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
APTV Aptiv PLC
BMEA Biomea Fusion Inc
CVE Cenovus Energy Inc
DO Diamond Offshore Drilling
GFI Gold Fields Ltd
HP Helmerich & Payne
MGY Magnolia Oil & Gas
VTLE Vital Energy Inc
XOM Exxon Mobil
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.