Leading Pullback Setups For July 19 |
By Pullback Trader |
Published
07/18/2022
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Stocks
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Unrated
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Leading Pullback Setups For July 19
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
AJG Gallagher (Arthur J.) BF.B Brown-Forman Corp Cl B BJ BJ's Wholesale Club Holdings CHD Church & Dwight CPB Campbell Soup CTAS Cintas Corp FDS FactSet Research Systems Inc FLO Flowers Foods Inc GIS Genl Mills IBM Intl Business Machines Corp K Kellogg Co KDP Keurig Dr Pepper Inc LLY Eli Lilly and Co MNST Monster Beverage Corporation NBIX Neurocrine Biosciences PEP Pepsico Inc PRGO Perrigo Co plc RGEN Repligen Corp SAFM Sanderson Farms Inc SJM Smucker (J.M.) UTHR United Therapeutics VZ Verizon Communications
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.
Short-side setups
BBWI Bath & Body Works Inc BBY Best Buy COF Cap One Finl COP ConocoPhillips CTRA Coterra Energy Inc CZR Caesars Entertainment Corp DOW Dow Inc DVN Devon Energy EQT EQT Corp EWBC East West Bancorp FCX Freeport-McMoRan Inc GNRC Generac Hldg Inc HAL Halliburton Co HES Hess Corporation IPG Interpub Grp Cos IRM Iron Mountain Inc REIT JWN Nordstrom Inc KMX CarMax, Inc KSS Kohl's Corp LYV Live Nation Entertainment, Inc META Meta Platforms Inc MRO Marathon Oil Corp MTDR Matador Resources Co MUR Murphy Oil Corp NUE Nucor Corp NVST Envista Holdings Corp OKE Oneok Inc OMC Omnicom Grp Inc RCL Royal Caribbean Cruises ROST Ross Stores RRC Range Resources SPG Simon Ppty Grp TGNA TEGNA Inc TGT Target Corp TPX Tempur Sealy Intl Inc TRGP Targa Resources Corp UHS Universal Health Svcs VSCO Victoria's Secret & Co WMB Williams Companies WYNN Wynn Resorts Ltd
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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