Which trending stocks are forming orderly pullbacks?
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
ADM Archer-Daniels-Midland
APA APA Corp
BBWI Bath & Body Works Inc
BRK.B Berkshire Hathaway'B'
BSX Boston Scientific Corporation
CAT Caterpillar Inc
CF CF Industries Hldgs Inc
CNP Centerpoint Energy
CTRA Coterra Energy Inc
CTVA Corteva Inc W*
CVX Chevron Corporation
EQT EQT Corporation
EXC Exelon Corp
FE FirstEnergy Corp
HAL Halliburton Co
JNJ Johnson & Johnson
JNPR Juniper Networks
JWN Nordstrom Inc
LUV Southwest Airlines Co
MDT Medtronic plc
MOS The Mosaic Co (New)
MPC Marathon Petro Corp
MRK Merck & Co
MRO Marathon Oil Corp
NCLH Norwegian Cruise Line Hldg
NI Nisource Inc
OKE Oneok Inc
OXY Occidental Petro Corp
PEP Pepsico Inc
PG Procter & Gamble Co
RRC Range Resources
TGT Target Corp
TMUS T-Mobile US Inc
UNH UnitedHealth Grp Inc
VLO Valero Energy
VTR Ventas Inc
WMB Williams Companies
WY Weyerhaeuser Co
X U.S. Steel Corporation
XOM Exxon Mobil
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.
AN AutoNation Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.