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
ADSK Autodesk, Inc
ARLO Arlo Technologies Inc
ATXS Astria Therapeutics, Inc. Comm
BEAM Beam Therapeutics Inc
BURL Burlington Stores Inc
BYON Beyond Inc
ELF e l f Beauty Inc
GPS Gap Inc
NXT Nextracker Inc
PAGS Pagseguro Digital Ltd
PATH UiPath Inc
QSR Restaurant Brands Intl Inc
SWTX SpringWorks Therapeutics Inc
WM Waste Mgt 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
EQNR Equinor ASA
TALO Talos Energy Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.