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
ADBE Adobe Inc
CCCS CCC Intelligent Solutions Hldg
CNC Centene Corp
COST Costco Wholesale Corp
CRH CRH Plc ADS
CTRA Coterra Energy Inc
EOG EOG Resources
HP Helmerich & Payne
HRB Block (H&R)
ODFL Old Dominion Freight Line
OII Oceaneering Intl Inc
TS Tenaris SA ADS
VRSK Verisk Analytics Inc
WMS Advanced Drainage Systems Inc
WSM Williams-Sonoma
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
AES AES Corp
GIS Genl Mills
NEP NextEra Energy Partners LP
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.