Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Reversal Stock Trades For December 8
http://www.tigersharktrading.com/articles/46157/1/Reversal-Stock-Trades-For-December-8/Page1.html
By Reversal Trader
Published on 12/7/2023
 

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


Reversal Stock Trades For December 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

ACHC Acadia Healthcare Co, Inc
BR Broadridge Finl Solutions Inc
CAR Avis Budget Grp
FAF First American Finl Corp
G GENPACT LIMITED
GEF Greif Inc
NOW ServiceNow Inc
SON Sonoco Products
SPG Simon Ppty Grp
UBSI United Bankshs
VNO Vornado Realty Trust

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

BWXT BWX Technologies Inc
DG Dollar General Corporation
NOC Northrop Grumman
ORLY O'Reilly Automotive, Inc.
SBUX Starbucks Corp
SO Southern Co Inc
VVV Valvoline Inc
XEL Xcel Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.