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
ABBV AbbVie Inc
ABNB Airbnb Inc
BURL Burlington Stores Inc
BYON Beyond Inc
COST Costco Wholesale Corp
ELF e l f Beauty Inc
GPS Gap Inc
GSK GSK PLC
IOT Samsara Inc
KMX CarMax, Inc
LYFT Lyft Inc
NVDA Nvidia Corp
NXT Nextracker Inc
PATH UiPath Inc
PFGC Performance Food Grp Co
RELX RELX PLC
SYY Sysco Corp
TTD The Trade Desk Inc Cl A
USFD US Foods Hldg Corp
V Visa 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
NEM Newmont Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.