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
ASO Academy Sports and Outdoors
CRSP CRISPR Therapeutics AG
EYPT EyePoint Pharma Inc
RARE Ultragenyx Pharmaceutical 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
ADM Archer-Daniels-Midland
BTI British Amer Tobacco ADS
EH EHang Holdings
HAL Halliburton Co
HAS Hasbro Inc
MMM 3M Co
NAVI Navient Corp
THS TreeHouse Foods Inc
UPS United Parcel Service Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.