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
COP ConocoPhillips
COR Cencora Inc
CYBR CyberArk Software Ltd
DASH DoorDash Inc
GIL Gildan Activewear Inc
HIMS Hims & Hers Health Inc
INFA Informatica Inc
IR Ingersoll-Rand Plc
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
ATEC Alphatec Hldg Inc
BBIO BridgeBio Pharma Inc
BE Bloom Energy Corp
BMEA Biomea Fusion Inc
BNTX BioNTech SE
CHRW C.H. Robinson Worldwide Inc
ENVX Enovix Corporation Common Stoc
HR Healthcare Realty Trust Inc
PERI Perion Networkn Ltd.
PNM PNM Resources Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.