Leading Pullback Setups For August 24 |
By Pullback Trader |
Published
08/23/2022
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Stocks
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Unrated
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Leading Pullback Setups For August 24
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
AES AES Corp AFL AFLAC Inc BAC Bank of America Corporation BSX Boston Scientific Corporation C Citigrp Inc CARR Carrier Global Corp CL Colgate-Palmolive Co CSCO Cisco Systems CVS CVS Health Corp DIS Disney (Walt) Co EXC Exelon Corp FAST Fastenal Co FISV Fiserv Inc FL Foot Locker GILD Gilead Sciences HD Home Depot Inc HR Healthcare Realty Trust Inc IR Ingersoll-Rand Plc JPM JPMorgan Chase & Co LOW Lowe's Cos, Inc MA Mastercard Inc MCD McDonald's Corp MDLZ Mondelez Int'l Inc Cl A MET Metlife Inc NEE NextEra Energy Inc NFLX Netflix Inc O Realty Income PEAK Healthpeak Properties Inc PG Procter & Gamble Co PLD Prologis Inc QCOM Qualcomm Inc ROST Ross Stores SO Southern Co Inc SPGI S&P Glbl Inc TJX TJX Companies TWTR Twitter Inc USB US Bancorp V Visa Inc WMT Walmart 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
BKR Baker Hughes a GE Co Cl A CE Celanese Corporation NEM Newmont Corp OMCL Omnicell Inc RGLD Royal Gold Inc UTHR United Therapeutics
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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