Leading Pullback Setups For December 5 |
By Pullback Trader |
Published
12/2/2022
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Stocks
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Unrated
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Leading Pullback Setups For December 5
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
AEP Amer Electric Pwr ALK Alaska Air Grp Inc AMD Advanced Micro Devices Inc ANET Arista Networks BIIB Biogen Inc BK Bank of New York Mellon Corp C Citigrp Inc CCI Crown Castle Inc CEG Constellation Energy Corp CHRW C.H. Robinson Worldwide Inc CMS CMS Energy CNP Centerpoint Energy COST Costco Wholesale Corp CSX CSX Corp CVX Chevron Corporation DXC DXC Technology Company EOG EOG Resources FBHS Fortune Brands Home & Security GS Goldman Sachs Grp HRB Block (H&R) KR Kroger Co KSS Kohl's Corp LNT Alliant Energy Corporation MPC Marathon Petro Corp MRO Marathon Oil Corp MTZ MasTec Inc MUR Murphy Oil Corp NTRS Northern Trust NYT New York Times'A' PSX Phillips 66 SBAC SBA Communications'A' SLG SLGreen Realty SR Spire Inc SYF Synchrony Finl TFC Truist Financial Corp VLO Valero Energy VNO Vornado Realty Trust WEC WEC Energy Group Inc WFC Wells Fargo & Company XEL Xcel Energy
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
AAP Advance Auto Parts Inc CTLT Catalent Inc HQY HealthEquity Inc STAA Staar Surgical TNDM Tandem Diabetes Care Inc TTWO Take-Two Interactive Software
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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