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Reversal Stock Trades For January 24
http://www.tigersharktrading.com/articles/46345/1/Reversal-Stock-Trades-For-January-24/Page1.html
By Reversal Trader
Published on 01/23/2024
 

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


Reversal Stock Trades For January 24

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

CME CME Grp Inc
CSCO Cisco Systems
JNJ Johnson & Johnson
MCD McDonald's Corp
MRK Merck & Co
PEG Pub Svc Enterprises Gr Incorp
PEP Pepsico Inc
PM Philip Morris Intl Inc
STZ Constellation Brands '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

ASB Associated Banc-Corp
BBY Best Buy
CADE Cadence Bank
CUZ Cousins Properties
DAR Darling Ingredients Inc
DIS Disney (Walt) Co
DOW Dow Inc
EMN Eastman Chemical
EQH Equitable Holdings Inc
FIS Fidelity National Information
FND Floor & Decor Hldgs Inc
IBKR Interactive Brokers Grp Inc
KD Kyndryl Holdings Inc
MOS The Mosaic Co (New)
NUE Nucor Corp
OLN Olin Corp
OZK Bank OZK
PNM PNM Resources Inc
XRAY Dentsply Sirona Inc
ZBH Zimmer Biomet Hldgs Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.