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
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.