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
AMZN Amazon.com Inc
ESNT Essent Grp Ltd
LUV Southwest Airlines Co
SYF Synchrony Finl
TSLA Tesla Inc
UDR UDR Inc
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
CVX Chevron Corporation
FIVE Five Below Inc
KBR KBR Inc
MPC Marathon Petro Corp
NBIX Neurocrine Biosciences
NYT New York Times'A'
TXRH Texas Roadhouse Inc
UNM Unum Grp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.