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
BOX Box, Inc
DG Dollar General Corporation
DUK Duke Energy Corporation
IRBT iRobot Corporation
PAYX Paychex Inc
RVNC Revance Therapeutics Inc
SAVE Spirit Airlines Inc
SIGA Siga Tech 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
EVBG Everbridge Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.