Leading Pullback Setups For April 18 |
By Pullback Trader |
Published
04/14/2022
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Stocks
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Unrated
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Leading Pullback Setups For April 18
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 ADP Automatic Data Proc ALL Allstate Corp AON Aon Plc / Ireland AWK American Water Works Co Inc BRK.B Berkshire Hathaway'B' CB The Chubb Corp CGNX Cognex Corp CHD Church & Dwight CMS CMS Energy DLR Digital Realty Trust Inc ECL Ecolab Inc EW Edwards Lifesciences Corp FAST Fastenal Co HPQ HP Inc LLY Eli Lilly and Co LNT Alliant Energy Corporation MDT Medtronic plc NDAQ NASDAQ Inc NEE NextEra Energy Inc ORLY O'Reilly Automotive, Inc. PGR The Progressive Corp PLD Prologis Inc ROL Rollins Inc SAIC Science App's Int'l Corp SEDG SolarEdge Tech Inc SFM Sprouts Farmers Mkts Inc SPWR SunPower Corp VTR Ventas Inc WTRG Essential Utilities Inc
Short-side setups
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.
AXP American Express Co BFH Bread Financial Holdings Inc C Citigrp Inc CMI Cummins Inc DXC DXC Technology Company FL Foot Locker HAIN Hain Celestial Grp Inc HAS Hasbro Inc HOMB Home BancShs Inc JEF Jefferies Financial Group KBH KB Home LKQ LKQ Corp LNC Lincoln Natl Corp LVS Las Vegas Sands Corp MGM MGM Resorts Intl MIDD Middleby Corp NKE Nike Inc Cl B NSC Norfolk Southern OMC Omnicom Grp Inc OSK Oshkosh Corp (Hldg Co) PCAR PACCAR Inc RL Ralph Lauren Corp. SIX Six Flags Entertainment Corp SKX Skechers U.S.A. Cl'A' SYF Synchrony Finl TEX Terex Corp TKR Timken Co USB US Bancorp WYNN Wynn Resorts Ltd XRAY Dentsply Sirona Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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