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
SAP Sap Ag ADS
Short-side setups
EBS Emergent Biosolutions Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.