Leading Pullback Setups For August 8 |
By Pullback Trader |
Published
08/5/2022
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Stocks
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Unrated
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Leading Pullback Setups For August 8
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 AMGN Amgen Inc ATO Atmos Energy Corp AVT Avnet, Inc BBWI Bath & Body Works Inc BLDR Builders FirstSource Inc BWA Borg Warner CL Colgate-Palmolive Co CMS CMS Energy D Dominion Energy Inc DIS Disney (Walt) Co ED Consolidated Edison EIX Edison Intl ELY Callaway Golf G GENPACT LIMITED GLW Corning Inc GXO GXO Logistics Inc HRL Hormel Foods Corp KO Coca-Cola Co LEA Lear Corporation LHX L3Harris Technologies Inc LYV Live Nation Entertainment, Inc MAR Marriott Int'l Cl A MCD McDonald's Corp MCHP Microchip Tech MDLZ Mondelez Int'l Inc Cl A MET Metlife Inc NI Nisource Inc NLOK Nortonlifelock Inc OC Owens Corning PENN PENN Entertainment, Inc PPL PPL Corp SBUX Starbucks Corp SRE Sempra Energy TSLA Tesla Inc VSCO Victoria's Secret & Co WEC WEC Energy Group Inc WEN The Wendy's Co WTRG Essential Utilities Inc YUM Yum! Brands Inc
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
AA Alcoa Corp AIG Amer Intl Grp AZTA Azenta Inc CAT Caterpillar Inc CINF Cincinnati Finl DD DuPont de Nemours Inc EMN Eastman Chemical FCX Freeport-McMoRan Inc FITB Fifth Third Bancorp HIG Hartford Finl Svcs Grp HPQ HP Inc HQY HealthEquity Inc IBM Intl Business Machines Corp JPM JPMorgan Chase & Co KHC The Kraft Heinz Company MRCY Mercury Systems Inc MTCH Match Group Inc PACW PacWest Bancorp RCL Royal Caribbean Cruises SIGI Selective Insurance Gr STE STERIS plc VFC VF Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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