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
NONE
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
ABBV AbbVie Inc
CVX Chevron Corporation
DHR Danaher Corp
EQR Equity Residential
FCX Freeport-McMoRan Inc
FTV Fortive Corp
HON Honeywell Intl
JNJ Johnson & Johnson
KO Coca-Cola Co
KR Kroger Co
MA Mastercard Inc
MDT Medtronic plc
MRK Merck & Co
NEM Newmont Corp
PG Procter & Gamble Co
SBUX Starbucks Corp
SYK Stryker Corp
TJX TJX Companies
WMB Williams Companies
WMT Walmart Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.