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Leading Pullback Setups For August 5
http://www.tigersharktrading.com/articles/41127/1/Leading-Pullback-Setups-For-August-5/Page1.html
By Pullback Trader
Published on 08/4/2020
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For August 5

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

ABT Abbott Laboratories
BCC Boise Cascade Co
BSX Boston Scientific Corporation
COHU Cohu Inc
DVA DaVita Inc
EW Edwards Lifesciences Corp
EXPO Exponent Inc
LEG Leggett & Platt
LOCO El Pollo Hldgs Inc
RYN Rayonier Inc
SPGI S&P Glbl Inc
TFX Teleflex Inc
TROW T.Rowe Price Grp
UCTT Ultra Clean Hldg

Short-side setups

EXPR Express Inc
JCOM J2 Global Communications, Inc.
TR Tootsie Roll Industries Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.