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
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.