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Reversal Stock Trades For June 5
http://www.tigersharktrading.com/articles/45311/1/Reversal-Stock-Trades-For-June-5/Page1.html
By Reversal Trader
Published on 06/2/2023
 

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


Reversal Stock Trades For June 5

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

ALE Allete Inc
CLX Clorox Co
CMS CMS Energy
GIS Genl Mills
HSY The Hershey Co
K Kellogg Co
MCK McKesson Corp
ORI Old Republic Intl Corp
PNM PNM Resources Inc
PNW Pinnacle West Cap Corp
TMUS T-Mobile US Inc
XEL Xcel Energy

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

AMZN Amazon.com Inc
BBY Best Buy
DCI Donaldson Co
GEHC GE Healthcare Technologies
HAS Hasbro Inc
JAZZ Jazz Pharmaceuticals plc
LSCC Lattice Semiconductor
NEM Newmont Corp
NVDA Nvidia Corp
SEDG SolarEdge Tech Inc
SMCI Super Micro Computer Inc
SRCL Stericycle Inc
STAA Staar Surgical
TMO Thermo Fisher Scientific Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.