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
CL Colgate-Palmolive Co
FLO Flowers Foods Inc
K Kellogg Co
MMC Marsh & McLennan Companies Inc
TSN Tyson Foods 'A'
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
GGG Graco Inc
IR Ingersoll-Rand Plc
LECO Lincoln Electric Hldgs
LLY Eli Lilly and Co
TTWO Take-Two Interactive Software
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.