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
CLDX Celldex Therapeutics Inc
COTY Coty Inc
CTSH Cognizant Tech Solutions'A'
FR First Industrial Rlty Tr
HA Hawaiian Hldg Inc
HBAN Huntington Bancshs
KEYS Keysight Tech Inc
MGEE MGE Energy Inc
MPWR Monolithic Power Systems Inc
RYN Rayonier 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
DO Diamond Offshore Drilling
HAS Hasbro Inc
JAZZ Jazz Pharmaceuticals plc
MNSO MINISO Group Hldg Ltd
NEE NextEra Energy Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.