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
BVN Comp De Minas Buenaventura ADS
M Macy's, Inc.
MGNX MacroGenics Inc
VRNS Varonis Systems 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
AES AES Corp
BE Bloom Energy Corp
EQT EQT Corp
HROW Harrow Inc
SNCY Sun Country Airlines Hldgs Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.