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
ADBE Adobe Inc
AKAM Akamai Technologies
ARCO Arcos Dorados Hldg Inc
ATEC Alphatec Hldg Inc
AXSM Axsome Therapeutics Inc
BRBR Bellring Brands Inc
BTU Peabody Energy Corp
KNX Knight-Swift Trasportation Hld
LRN Stride Inc
PBF PBF Energy Inc Cl A
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
IEP Icahn Enterprises LP
IMAX Imax Corp
JRVR James River Grp Hldgs Inc
PHAT Phathom Pharmaceuticals Inc
ZTO ZTO Express Cayman Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.