Which stocks are setup to continue their reversal of price action?
Entry on a break of the previous trading day's high. Avoid trade until bid/ask spread is one or two cents. Confirm trade with market and sector strength. Day trade setup is only good for the upcoming trading session.
Long-side setups
AA Alcoa Corp
AMAT Applied Materials
FCX Freeport-McMoRan Inc
GLW Corning Inc
GOOGL Alphabet Inc Cl A
HPQ HP Inc
INTC Intel Corp
JCI Johnson Controls Intl Plc
LVS Las Vegas Sands Corp
M Macy's, Inc.
MRK Merck & Co
MU Micron Tech
NEM Newmont Corp
ON ON Semiconductor Corp
PYPL PayPal Hldgs Inc
QCOM Qualcomm Inc
SBUX Starbucks Corp
SCHW Charles Schwab Corp
TXN Texas Instruments
X U.S. Steel Corporation
Entry on a break of the previous trading day's low. Avoid trade until bid/ask spread is one or two cents. Confirm trade with market and sector weakness. Day trade setup is only good for the upcoming trading session.
Short-side setups
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.