Leading Pullback Setups For December 19 |
By Pullback Trader |
Published
12/16/2022
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Stocks
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Unrated
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Leading Pullback Setups For December 19
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 ABT Abbott Laboratories AES AES Corp BKR Baker Hughes a GE Co Cl A BSX Boston Scientific Corporation CNP Centerpoint Energy DUK Duke Energy Corporation FE FirstEnergy Corp HD Home Depot Inc IBM Intl Business Machines Corp IP Intl Paper JCI Johnson Controls Intl Plc JNJ Johnson & Johnson JNPR Juniper Networks LOW Lowe's Cos, Inc LVS Las Vegas Sands Corp MO Altria Grp MRK Merck & Co MRNA Moderna Inc MSFT Microsoft Corp NEE NextEra Energy Inc NKE Nike Inc Cl B NUVA NuVasive Inc NVDA Nvidia Corp O Realty Income OGN Organon & Co PFE Pfizer Inc PG Procter & Gamble Co PLD Prologis Inc PM Philip Morris Intl Inc RUN Sunrun Inc SBUX Starbucks Corp SO Southern Co Inc SPWR SunPower Corp TJX TJX Companies TPR Tapestry Inc UPS United Parcel Service Inc V Visa Inc VICI Vici Pptys Inc WBA Walgreen Boots Alliance 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
CF CF Industries Hldgs Inc PNC PNC Finl Svcs Grp Inc TNDM Tandem Diabetes Care Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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