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
AEO American Eagle Outfitters Inc
ASO Academy Sports and Outdoors
ATCO Atlas Corp Marshall Islands
BSY Bentley Systems Inc
FL Foot Locker
GPS Gap Inc
HOG Harley-Davidson
PVH PVH Corp.
RL Ralph Lauren Corp.
SKX Skechers U.S.A. Cl'A'
ULTA Ulta Beauty Inc
UTZ Utz Brands 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.