Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For May 29
http://www.tigersharktrading.com/articles/38622/1/Leading-Pullback-Setups-For-May-29/Page1.html
By Pullback Trader
Published on 05/28/2019
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For May 29

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.

AEE Ameren Corp
APD Air Products & Chem Inc
CL Colgate-Palmolive Co
CMS CMS Energy
CONE CyrusOne Inc
CTAS Cintas Corp
DTE DTE Energy
ED Consolidated Edison
ETR Entergy Corp
FE FirstEnergy Corp
FLO Flowers Foods Inc
HIG Hartford Finl Svcs Grp
HLT Hilton Worldwide Hldg Inc
HRS Harris Corp
IDA Idacorp Inc
L Loews Corp
LDOS Leidos Hldg Inc
LII Lennox Intl Inc
LLL L3 Tech Inc
MCD McDonald's Corp
MDLZ Mondelez Int'l Inc Cl A
MKTX MarketAxess Hldg Inc
MMC Marsh & McLennan Companies Inc
NEE NextEra Energy Inc
NOC Northrop Grumman
PEG Pub Svc Enterprises Gr Incorp
PEP Pepsico Inc
RE Everest Re Grp
RHT Red Hat Inc
RSG Repub Svcs Inc
SJM Smucker (J.M.)
SR Spire Inc
SRE Sempra Energy
WING Wingstop Inc
WM Waste Mgt Inc
XEL Xcel Energy

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.

AEO American Eagle Outfitters Inc
ALB Albemarle Corp
COP ConocoPhillips
GHL Greenhill & Co Inc
RH RH
SABR Sabre Corp
UIHC United Insurance Hldgs Corp
WAB Wabtec Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.