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Reversal Stock Trades For February 16
http://www.tigersharktrading.com/articles/46455/1/Reversal-Stock-Trades-For-February-16/Page1.html
By Reversal Trader
Published on 02/15/2024
 

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


Reversal Stock Trades For February 16

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

COP ConocoPhillips
CVX Chevron Corporation
DUK Duke Energy Corporation
GPC Genuine Parts
MMM 3M Co
OC Owens Corning
USFD US Foods Hldg Corp
VTR Ventas Inc
WST West Pharmaceutical Svcs

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

BBY Best Buy
CL Colgate-Palmolive Co
CSX CSX Corp
FBIN Fortune Brands Innovations Inc
FR First Industrial Rlty Tr
FTNT Fortinet Inc
GPN Global Payments Inc
HWM Howmet Aerospace Inc
ICE Intercontinental Exchange Grp
INTC Intel Corp
IRDM Iridium Communications Inc
MAS Masco Corp
MO Altria Grp
NKE Nike Inc Cl B
NOW ServiceNow Inc
ON ON Semiconductor Corp
SWKS Skyworks Solutions
UAL United Airlines Hldgs Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.