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
ARLO Arlo Technologies Inc
BURL Burlington Stores Inc
BYON Beyond Inc
CAH Cardinal Health Inc
GPS Gap Inc
J Jacobs Solutions Inc
QSR Restaurant Brands Intl Inc
SWTX SpringWorks Therapeutics Inc
TRP Transcanada Corp
WM Waste Mgt Inc
WY Weyerhaeuser Co
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
RILY B Riley Finl Inc
TALO Talos Energy Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.