Leading Pullback Setups For May 2 |
By Pullback Trader |
Published
04/29/2022
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Stocks
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Unrated
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Leading Pullback Setups For May 2
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 AMC AMC Entertainment Hldg Inc AVTR Avantor Inc CAG Conagra Brands Inc CAH Cardinal Health Inc CLX Clorox Co CNP Centerpoint Energy DIS Disney (Walt) Co DKNG Draftkings Inc DUK Duke Energy Corporation ED Consolidated Edison EIX Edison Intl EXC Exelon Corp FCX Freeport-McMoRan Inc GIS Genl Mills HRB Block (H&R) HRL Hormel Foods Corp IBM Intl Business Machines Corp JBLU JetBlue Airways JNJ Johnson & Johnson KHC The Kraft Heinz Company KO Coca-Cola Co MAR Marriott Int'l Cl A NEE NextEra Energy Inc NIO NIO Inc NUE Nucor Corp O Realty Income PDD Pinduoduo Inc PEG Pub Svc Enterprises Gr Incorp PM Philip Morris Intl Inc PPL PPL Corp ROST Ross Stores SHW Sherwin-Williams SO Southern Co Inc SYY Sysco Corp TGT Target Corp UNH UnitedHealth Grp Inc V Visa Inc WMT Walmart Inc WRB W R Berkley Corp
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.
AGCO Agco Corp ATR AptarGrp Inc BLKB Blackbaud Inc CTLT Catalent Inc EHC Encompass Health Corp HOLX Hologic Inc MEDP Medpace Hldgs Inc PARA Paramount Glbl Cl B PKI PerkinElmer Inc SMG Scotts Miracle-Gro Co SYNH Syneos Health Inc Cl A
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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