In certain market environments mean reversion works better than you typical cookie cutter breakout, this is why it's important to trade more than one set up. Mean reversion to me does not mean pick a stock that's down multiple days in a row and try to find the bottom. I look for stocks down multiple days in a row and wait until they turn green, then I consider jumping aboard, the red to green action is your trigger. CYBR and GS are two recent examples.
JNUG, SXC, IO, FSTR, ECA, CNX, AUY, CENX, JOY, WLB, EC, CPA, RRTS, VNCE, DDS, DBD, GME, WTW, AR, CLF, ARCO, GMLP, RGLD, SAVE, QRVO, SXCP.
The down opening will probably eliminate 75% or more of this list, remember, the trigger is ONLY AND ONLY IF THEY GO THROUGH yesterday's high.
My opinion and outlook are subject to change as new information comes in.
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