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
ABBV AbbVie Inc
AMGN Amgen Inc
ASB Associated Banc-Corp
AXON Axon Enterprise Inc
BIIB Biogen Inc
BMY Bristol-Myers SQUIBB
BRKR Bruker Corporation
CADE Cadence Bank
CAR Avis Budget Grp
CATY Cathay General Bancorp
CMC Commercial Metals
CROX Crocs Inc
GBCI Glacier Bancorp
GMED Globus Medical Inc
LNC Lincoln Natl Corp
LW Lamb Weston Hldgs Inc
OPCH Option Care Health Inc
OZK Bank OZK
PB Prosperity Bancshs Inc
REGN Regeneron Pharmaceuticals
RHI Robert Half Intl
RRX Regal Rexnord Corp
SBUX Starbucks Corp
SNV Synovus Finl Corp
TCBI Texas Cap Bancshs
TNDM Tandem Diabetes Care Inc
TSCO Tractor Supply
WBS Webster Financial Corp
WFC Wells Fargo & Company
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
ADBE Adobe Inc
ATO Atmos Energy Corp
BA Boeing Co
BRO Brown & Brown
CLX Clorox Co
CNP Centerpoint Energy
CSCO Cisco Systems
DLTR Dollar Tree Inc
EA Electronic Arts, Inc.
FOX Twenty-First Century Fox Inc B
HRL Hormel Foods Corp
HWM Howmet Aerospace Inc
LRCX Lam Research
MRCY Mercury Systems Inc
NFG Natl Fuel Gas
RSG Repub Svcs Inc
SYY Sysco Corp
WMB Williams Companies
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.