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
ALLY Ally Finl Inc
BAC Bank of America Corporation
BEN Franklin Res Inc
BX Blackstone Inc
CAT Caterpillar Inc
CVNA Carvana Co Cl A
DD DuPont de Nemours Inc
FHN First Horizon National Corp
HOOD Robinhood Markets, Inc
ING ING Grp ADS
JPM JPMorgan Chase & Co
KEY KeyCorp
M Macy's, Inc.
RF Regions Finl Corporation
SCHW Charles Schwab Corp
SQ Block Inc
TFC Truist Financial Corp
USB US Bancorp
WFC Wells Fargo & Company
WY Weyerhaeuser Co
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
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.