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
ABNB Airbnb Inc
ADSK Autodesk, Inc
AGO Assured Guaranty
BROS Dutch Bros Inc
CCEP Coca-Cola Europacific Partners
CRSP CRISPR Therapeutics AG
DUOL Duolingo, Inc. Class A Common
ELF e l f Beauty Inc
HCP HashiCorp Inc
LRN Stride Inc
PATH UiPath 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
BE Bloom Energy Corp
MXL MaxLinear Inc
NEM Newmont Corp
OI O-I Glass Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.