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
CAG Conagra Brands Inc
CI Cigna Corp
CPB Campbell Soup
GIS Genl Mills
MO Altria Grp
MUR Murphy Oil Corp
SJM Smucker (J.M.)
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
ABT Abbott Laboratories
ACN Accenture PLC (Ireland) NEW
AMT American Tower Corp
BBY Best Buy
BK Bank of New York Mellon Corp
CARR Carrier Global Corp
CC The Chemours Company
CCI Crown Castle Inc
CL Colgate-Palmolive Co
CMCSA Comcast Cl A
CNP Centerpoint Energy
CRM Salesforce Inc
CSCO Cisco Systems
CSX CSX Corp
CTSH Cognizant Tech Solutions'A'
CVS CVS Health Corp
CZR Caesars Entertainment Corp
D Dominion Energy Inc
DLR Digital Realty Trust Inc
DT Dynatrace Holdings LLC
DUK Duke Energy Corporation
FISV Fiserv Inc
FTNT Fortinet Inc
GLW Corning Inc
GOOGL Alphabet Inc Cl A
META Meta Platforms Inc
MGM MGM Resorts Intl
MSFT Microsoft Corp
ORCL Oracle Corp
PFE Pfizer Inc
PG Procter & Gamble Co
PLD Prologis Inc
PNC PNC Finl Svcs Grp Inc
SPG Simon Ppty Grp
STT State Street Corp
UNP Union Pacific Corp
VNO Vornado Realty Trust
VZ Verizon Communications
WELL Welltower OP Inc
XEL Xcel Energy
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.