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
AM Antero Midstream Corp
APA APA Corp
COP ConocoPhillips
DINO HF Sinclair Corp
ENLC Enlink Midstream LLC
EOG EOG Resources
ET Energy Transfer L.P.
FSLR First Solar Inc
HES Hess Corporation
MANU Manchester United plc
MET Metlife Inc
MPC Marathon Petro Corp
MRO Marathon Oil Corp
NDAQ NASDAQ Inc
NOV NOV Inc
PAA Plains All American Pipeline
PAGP Plains GP Hldgs L.P Cl A
PSX Phillips 66
TMUS T-Mobile US Inc
WMT Walmart 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
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.