Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Reversal Stock Trades For January 31
http://www.tigersharktrading.com/articles/46376/1/Reversal-Stock-Trades-For-January-31/Page1.html
By Reversal Trader
Published on 01/30/2024
 

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


Reversal Stock Trades For January 31

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

AOS A O Smith Corp
BKR Baker Hughes a GE Co Cl A
CAG Conagra Brands Inc
CHRW C.H. Robinson Worldwide Inc
CHX ChampionX Corp
CTRA Coterra Energy Inc
EXPD Expeditors Intl of Washington
HAL Halliburton Co
HXL Hexcel Corp
LNT Alliant Energy Corporation
OSK Oshkosh Corp (Hldg Co)
PAYX Paychex Inc
PCAR PACCAR Inc
PGR The Progressive Corp
SLB Schlumberger Ltd
TSN Tyson Foods 'A'
WY Weyerhaeuser Co

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

APTV Aptiv PLC
BDX Becton, Dickinson
BMY Bristol-Myers SQUIBB
DT Dynatrace Holdings LLC
FFIV F5 Inc
KBH KB Home
KEYS Keysight Tech Inc
LYV Live Nation Entertainment, Inc
META Meta Platforms Inc
PFE Pfizer Inc
PHM PulteGrp, Inc
PSTG Pure Storage Inc Cl A
RCL Royal Caribbean Cruises
SMCI Super Micro Computer Inc
TEL TE Connectivity Ltd
THC Tenet Healthcare
TSLA Tesla Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.