Leading Pullback Setups For August 9 |
By Pullback Trader |
Published
08/8/2022
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Stocks
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Unrated
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Leading Pullback Setups For August 9
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
AMAT Applied Materials AMKR Amkor Tech ANSS Ansys Inc BF.B Brown-Forman Corp Cl B CRUS Cirrus Logic D Dominion Energy Inc EA Electronic Arts, Inc. EIX Edison Intl FDX FedEx Corp GD General Dynamics Corp HCA HCA Healthcare Inc ICE Intercontinental Exchange Grp IRDM Iridium Communications Inc KLAC KLA Corp KMT Kennametal Inc LRCX Lam Research LVS Las Vegas Sands Corp MCD McDonald's Corp MCHP Microchip Tech MGM MGM Resorts Intl MKSI MKS Instruments MRNA Moderna Inc NOC Northrop Grumman NXPI NXP Semiconductors N.V. POWI Power Integrations Inc QCOM Qualcomm Inc SAIC Science App's Int'l Corp SFM Sprouts Farmers Mkts Inc SLAB Silicon Laboratories SWKS Skyworks Solutions TER Teradyne Inc UBSI United Bankshs VSH Vishay Intertech WTRG Essential Utilities 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
ALL Allstate Corp APA APA Corp BAX Baxter Intl Inc BKR Baker Hughes a GE Co Cl A BMY Bristol-Myers SQUIBB CB The Chubb Corp CHD Church & Dwight CINF Cincinnati Finl COF Cap One Finl COP ConocoPhillips DOW Dow Inc DVN Devon Energy EOG EOG Resources EXPE Expedia Grp Inc FANG Diamondback Energy Inc FMC FMC Corp GRMN Garmin Ltd HAL Halliburton Co HES Hess Corporation HIW Highwoods Properties INCY Incyte Corp IP Intl Paper KSS Kohl's Corp LUV Southwest Airlines Co MRK Merck & Co OKE Oneok Inc OXY Occidental Petro Corp PRU Prudential Finl SCI Service Corporation Intl SYNH Syneos Health Inc Cl A TAP Molson Coors Beverage Co TRGP Targa Resources Corp TSCO Tractor Supply UAL United Airlines Hldgs Inc ULTA Ulta Beauty Inc VVV Valvoline Inc WBA Walgreen Boots Alliance Inc WMB Williams Companies WRB W R Berkley Corp YETI YETI Holdings Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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