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Reversal Stock Trades For May 8
http://www.tigersharktrading.com/articles/45181/1/Reversal-Stock-Trades-For-May-8/Page1.html
By Reversal Trader
Published on 05/5/2023
 

Which stocks are setup to continue their reversal of price action?


Reversal Stock Trades For May 8

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

EA Electronic Arts, Inc.
FLR Fluor Corp
RGLD Royal Gold 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

AMED Amedisys Inc
CTRA Coterra Energy Inc
DT Dynatrace Holdings LLC
EOG EOG Resources
HAL Halliburton Co
HRB Block (H&R)
MP MP Materials Corp
OZK Bank OZK
SLB Schlumberger Ltd
THC Tenet Healthcare

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.