Leading Pullback Setups For June 2 |
By Pullback Trader |
Published
06/1/2022
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Stocks
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Unrated
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Leading Pullback Setups For June 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
AEE Ameren Corp ALB Albemarle Corp AMD Advanced Micro Devices Inc AMT American Tower Corp BEN Franklin Res Inc C Citigrp Inc CI Cigna Corp CTVA Corteva Inc W* ED Consolidated Edison ENPH Enphase Energy Inc ES Eversource Energy FISV Fiserv Inc IAA IAA Inc IP Intl Paper LIN Linde PLC LLY Eli Lilly and Co LPX Louisiana-Pacific Corp MAS Masco Corp MCK McKesson Corp MNST Monster Beverage Corporation MO Altria Grp MRK Merck & Co NI Nisource Inc NRG NRG Energy Inc NXPI NXP Semiconductors N.V. OGE OGE Energy Corp OGN Organon & Co OLN Olin Corp PFE Pfizer Inc PGR The Progressive Corp PM Philip Morris Intl Inc PPL PPL Corp PXD Pioneer Natural Resources ROL Rollins Inc RUN Sunrun Inc SHW Sherwin-Williams STLD Steel Dynamics WDC Western Digital WEC WEC Energy Group 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.
ACIW ACI Worldwide Inc AWK American Water Works Co Inc CCMP CMC Materials Inc CLH Clean Harbors Inc GWW Grainger (W.W.) LNW Light & Wonder Inc NSC Norfolk Southern PZZA Papa John's Intl ROK Rockwell Automation WTRG Essential Utilities Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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