Which trending stocks are forming orderly pullbacks?
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
ADM Archer-Daniels-Midland
ADP Automatic Data Proc
APA APA Corp
BSX Boston Scientific Corporation
CAH Cardinal Health Inc
CHRW C.H. Robinson Worldwide Inc
CTRA Coterra Energy Inc
CTVA Corteva Inc W
CVS CVS Health Corp
D Dominion Energy Inc
DIS Disney (Walt) Co
EQT EQT Corp
ETSY Etsy Inc
FE FirstEnergy Corp
GE General Electric Co
GILD Gilead Sciences
HLT Hilton Worldwide Hldg Inc
HOG Harley-Davidson
HRB Block (H&R)
IR Ingersoll-Rand Plc
IRM Iron Mountain Inc REIT
LW Lamb Weston Hldgs Inc
MAR Marriott Int'l Cl A
MO Altria Grp
MS Morgan Stanley
NFLX Netflix Inc
NRG NRG Energy Inc
ON ON Semiconductor Corp
OXY Occidental Petro Corp
PFG Principal Finl Grp
PXD Pioneer Natural Resources
RF Regions Finl Corporation
ROST Ross Stores
RRC Range Resources
TJX TJX Companies
TMUS T-Mobile US Inc
UNM Unum Grp
WFC Wells Fargo & Company
WMB Williams Companies
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
CZR Caesars Entertainment Corp
FRT Federal Rlty Inv Tr Sbi
FTNT Fortinet Inc
LHX L3Harris Technologies Inc
NARI Inari Medical Inc
NSA Natl Storage Affiliates Tr
OPCH Option Care Health Inc
PRGO Perrigo Co plc
QDEL Quidel Corp
ROL Rollins Inc
SEDG SolarEdge Tech Inc
SNX TD SYNNEX Corp
UAL United Airlines Hldgs Inc
UDR UDR Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.