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Leading Pullback Setups For December 7
http://www.tigersharktrading.com/articles/44522/1/Leading-Pullback-Setups-For-December-7/Page1.html
By Pullback Trader
Published on 12/6/2022
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For December 7

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

AMD Advanced Micro Devices Inc
APA APA Corp
BK Bank of New York Mellon Corp
BKR Baker Hughes a GE Co Cl A
BMY Bristol-Myers SQUIBB
CMCSA Comcast Cl A
CSCO Cisco Systems
CSX CSX Corp
EBAY eBay Inc
FCX Freeport-McMoRan Inc
GM General Motors Co
GOOG Alphabet Inc Cl C Cap Stock
GOOGL Alphabet Inc Cl A
HAL Halliburton Co
HPQ HP Inc
INTC Intel Corp
KDP Keurig Dr Pepper Inc
LVS Las Vegas Sands Corp
M Macy's, Inc.
MS Morgan Stanley
MSFT Microsoft Corp
NEM Newmont Corp
NFLX Netflix Inc
NKE Nike Inc Cl B
NLY Annaly Cap Mgt Inc
NVDA Nvidia Corp
ON ON Semiconductor Corp
ORCL Oracle Corp
PEAK Healthpeak Properties Inc
PFE Pfizer Inc
QCOM Qualcomm Inc
RCL Royal Caribbean Cruises
RUN Sunrun Inc
SCHW Charles Schwab Corp (The)
SLB Schlumberger Ltd
UPS United Parcel Service Inc
USB US Bancorp
V Visa Inc
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

LHCG LHC Grp
MOH Molina Healthcare
OGS ONE Gas Inc
SWX Southwest Gas Hldgs Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.