Leading Pullback Setups For August 16 |
By Pullback Trader |
Published
08/15/2022
|
Stocks
|
Unrated
|
|
Leading Pullback Setups For August 16
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
ALGN Align Tech AN AutoNation Inc BLDR Builders FirstSource Inc GIS Genl Mills IDXX Idexx Laboratories NCR NCR Corp NYT New York Times'A' ODFL Old Dominion Freight Line SAIA Saia Inc SLG SLGreen Realty VNO Vornado Realty Trust X U.S. Steel Corporation
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
AIZ Assurant Inc ARW Arrow Electronics AVT Avnet, Inc AZTA Azenta Inc BALL Ball Corp BAX Baxter Intl Inc BLKB Blackbaud Inc CINF Cincinnati Finl CVLT CommVault Systems Inc HAS Hasbro Inc IBM Intl Business Machines Corp INCY Incyte Corp INTC Intel Corp KR Kroger Co LLY Eli Lilly and Co LOPE Grand Canyon Education Inc MCY Mercury General Corp MNST Monster Beverage Corporation MTCH Match Group Inc NWE NorthWestern Corporation OMCL Omnicell Inc SCI Service Corporation Intl SMG Scotts Miracle-Gro Co SMTC Semtech Corp SWK Stanley Black & Decker Inc SWX Southwest Gas Hldgs Inc SYNH Syneos Health Inc Cl A TSN Tyson Foods 'A' VVV Valvoline Inc VZ Verizon Communications
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|