Leading Pullback Setups For May 4 |
By Pullback Trader |
Published
05/3/2022
|
Stocks
|
Unrated
|
|
Leading Pullback Setups For May 4
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
ENV Envestnet Inc LLY Eli Lilly and Co MAR Marriott Int'l Cl A MNST Monster Beverage Corporation PEB Pebblebrook Hotel Trust PG Procter & Gamble Co SR Spire Inc 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.
A Agilent Technologies Inc AAPL Apple Inc AES AES Corp AMAT Applied Materials AMD Advanced Micro Devices Inc BAC Bank of America Corporation BAX Baxter Intl Inc BEN Franklin Res Inc BK Bank of New York Mellon Corp C Citigrp Inc CLF Cleveland-Cliffs Inc CSCO Cisco Systems CTLT Catalent Inc EBAY eBay Inc ETSY Etsy Inc FITB Fifth Third Bancorp FTV Fortive Corp GE General Electric Co GLW Corning Inc GM General Motors Co INTC Intel Corp IPG Interpub Grp Cos JCI Johnson Controls Intl Plc JPM JPMorgan Chase & Co MCHP Microchip Tech MRNA Moderna Inc MS Morgan Stanley MU Micron Tech NVDA Nvidia Corp NXPI NXP Semiconductors N.V. PENN Penn National Gaming RF Regions Finl Corporation RUN Sunrun Inc SCHW Charles Schwab Corp (The) TFC Truist Financial Corp TPX Tempur Sealy Intl Inc TSLA Tesla Inc USB US Bancorp WBA Walgreen Boots Alliance Inc WFC Wells Fargo & Company
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|