Leading Pullback Setups For May 20 |
By Pullback Trader |
Published
05/19/2022
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Stocks
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Unrated
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Leading Pullback Setups For May 20
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
BDC Belden Inc BMY Bristol-Myers SQUIBB DTM DT Midstream Inc ED Consolidated Edison ENR Energizer Hldgs Inc EXPD Expeditors Intl of Washington FCN FTI Consulting HRB Block (H&R) K Kellogg Co MDU MDU Res Grp Inc OHI Omega Healthcare Investors Inc PM Philip Morris Intl Inc POST Post Hldg Inc PPL PPL Corp R Ryder System SO Southern Co Inc SR Spire Inc WDC Western Digital
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.
AKAM Akamai Technologies AMT American Tower Corp AXON Axon Enterprise Inc BIO Bio-Rad Labs Cl'A' CCI Crown Castle Intl Corp (REIT) CDNS Cadence Design Systems DHR Danaher Corp ENPH Enphase Energy Inc FLR Fluor Corp FMC FMC Corp FRC First Repub Bank FSLR First Solar Inc IRDM Iridium Communications Inc MOH Molina Healthcare MRNA Moderna Inc MSCI MSCI Inc PYPL PayPal Hldgs Inc RUN Sunrun Inc SEDG SolarEdge Tech Inc SNPS Synopsys Inc SRCL Stericycle Inc STAA Staar Surgical STE STERIS plc TREX Trex Co Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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