Leading Pullback Setups For May 3 |
By Pullback Trader |
Published
05/2/2022
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Stocks
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Unrated
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Leading Pullback Setups For May 3
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 AEP Amer Electric Pwr CAG Conagra Brands Inc CEG Constellation Energy Corp CNP Centerpoint Energy CPB Campbell Soup CTVA Corteva Inc W* DAL Delta Airlines Inc DUK Duke Energy Corporation EXC Exelon Corp FIS Fidelity National Information GIS Genl Mills HST Host Hotels & Resorts Inc JNJ Johnson & Johnson K Kellogg Co KHC The Kraft Heinz Company KIM Kimco Realty Corp KO Coca-Cola Co LLY Eli Lilly and Co MA Mastercard Inc MCD McDonald's Corp MDLZ Mondelez Int'l Inc Cl A MNST Monster Beverage Corporation NUE Nucor Corp PEG Pub Svc Enterprises Gr Incorp PEP Pepsico Inc PG Procter & Gamble Co PM Philip Morris Intl Inc PPL PPL Corp SHW Sherwin-Williams SO Southern Co Inc STLD Steel Dynamics SYY Sysco Corp UAL United Airlines Hldgs Inc VRTX Vertex Pharmaceuticals WEC WEC Energy Group Inc WM Waste Mgt Inc WMT Walmart Inc WY Weyerhaeuser Co XEL Xcel Energy
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.
BLKB Blackbaud Inc CROX Crocs Inc CRUS Cirrus Logic FTV Fortive Corp IPGP IPG Photonics LAD Lithia Motors, Inc. MEDP Medpace Hldgs Inc MTX Minerals Technologies Inc NUS NU Skin Enterprises'A' PARA Paramount Glbl Cl B QRVO Qorvo Inc RUN Sunrun Inc SMG Scotts Miracle-Gro Co THO Thor Indus
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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