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
BROS Dutch Bros Inc
CLF Cleveland-Cliffs Inc
IMNM Immunome Inc
NUE Nucor Corp
SPR Spirit Aerosystems Hldgs 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
ABR Arbor Realty Trust
AY Atlantica Sustainable Inf
COLB Columbia Banking System Inc
IRDM Iridium Communications Inc
JD JD.com Inc
KRG Kite Realty Grp Trust
LULU Lululemon Athletica Inc
MCD McDonald's Corp
MDLZ Mondelez Int'l Inc Cl A
PFS Provident Finl Svcs
SJM Smucker (J.M.)
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.