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
CHX ChampionX Corp
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
ADC Agree Realty
BABA Alibaba Group Holding Ltd
COLB Columbia Banking System Inc
CRK Comstock Res Inc
DBX Dropbox Inc
IRDM Iridium Communications Inc
JD JD.com Inc
NEP NextEra Energy Partners LP
PFS Provident Finl Svcs
RILY B Riley Finl Inc
SJM Smucker (J.M.)
ZTO ZTO Express Cayman Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.