Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For August 28
http://www.tigersharktrading.com/articles/41235/1/Leading-Pullback-Setups-For-August-28/Page1.html
By Pullback Trader
Published on 08/27/2020
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For August 28

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

AAP Advance Auto Parts Inc
BBY Best Buy
DHI D.R. Horton
DHR Danaher Corp
GLW Corning Inc
KBH KB Home
KIRK Kirkland's Inc
LAD Lithia Motors, Inc.
LEN Lennar Corp A
LL Lumber Liquidators Hldgs Inc
MTH Meritage Homes Corporation
PENN Penn National Gaming
PHM PulteGrp, Inc
SEE Sealed Air
TGT Target Corp
TOL Toll Brothers
TPH TRI Pointe Grp Inc
UFPI UFP Industries Inc
WHR Whirlpool Corp
WSM Williams-Sonoma

Short-side setups

CATO Cato Corp
EVRG Evergy Inc
JBGS JBG SMITH Pptys
TCMD Tactile Systems Tech Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.