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
CLDX Celldex Therapeutics Inc
PFLT PennantPark Floating Rate Cap
PLNT Planet Fitness 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
BP BP P.L.C. ADS
CVE Cenovus Energy Inc
EBAY eBay Inc
ERF Enerplus Corp.
HP Helmerich & Payne
HUN Huntsman Corporation
MGY Magnolia Oil & Gas
OXY Occidental Petro Corp
PUK Prudential Plc ADS
SD SandRidge Energy Inc
SE Sea Ltd
VFC VF Corp
XOM Exxon Mobil
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.