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
AAOI Applied Optoelectronice Inc
AEP Amer Electric Pwr
ASB Associated Banc-Corp
CRSP CRISPR Therapeutics AG
HBAN Huntington Bancshs
HRB Block (H&R)
JNPR Juniper Networks
MRK Merck & Co
SBS Comp De Saneamento-Sabesp ADS
SNV Synovus Finl Corp
STX Seagate Technology Holdings PL
SUM Summit Matrials Inc
TTD The Trade Desk 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
LNG Cheniere Energy
SLB Schlumberger Ltd
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.