Leading Pullback Setups For January 4 |
By Pullback Trader |
Published
01/3/2023
|
Stocks
|
Unrated
|
|
Leading Pullback Setups For January 4
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
ABC AmeriSourceBergen Corp ACGL Arch Cap Grp ACM AECOM AEE Ameren Corp AEP Amer Electric Pwr AFL AFLAC Inc APD Air Products & Chem Inc BRBR Bellring Brands Inc CAT Caterpillar Inc CMC Commercial Metals CPB Campbell Soup CSX CSX Corp DE Deere & Co DGX Quest Diagnostics FIVE Five Below Inc FLR Fluor Corp GIS Genl Mills GL Globe Life Inc HALO Halozyme Therapy Inc HIG Hartford Finl Svcs Grp HSIC Henry Schein Inc INGR Ingredion Inc KO Coca-Cola Co LLY Eli Lilly and Co LW Lamb Weston Hldgs Inc MDLZ Mondelez Int'l Inc Cl A MNST Monster Beverage Corporation NJR New Jersey Resources OGE OGE Energy Corp OKE Oneok Inc ORLY O'Reilly Automotive, Inc. PNW Pinnacle West Cap Corp POR Portland General Electric Co PPL PPL Corp SLGN Silgan Hldg WEN The Wendy's Co YUM Yum! Brands 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
AAP Advance Auto Parts Inc ACN Accenture PLC (Ireland) NEW AIZ Assurant Inc AMZN Amazon.com Inc BAC Bank of America Corporation BALL Ball Corp BJ BJ's Wholesale Club Holdings C Citigrp Inc CFG Citizens Finl Grp Inc COF Cap One Finl DLR Digital Realty Trust Inc DXC DXC Technology Company EBAY eBay Inc FCN FTI Consulting FFIV F5 Inc GEN Gen Digital Inc GLW Corning Inc GS Goldman Sachs Grp LEG Leggett & Platt LITE Lumentum Hldgs Inc MAS Masco Corp MDT Medtronic plc MMM 3M Co MS Morgan Stanley NTAP NetApp Inc NYT New York Times'A' OMCL Omnicell Inc PPC Pilgram's Pride Corp PYPL PayPal Hldgs Inc SF Stifel Finl SLG SLGreen Realty SMG Scotts Miracle-Gro Co STAA Staar Surgical TFC Truist Financial Corp TGT Target Corp TREX Trex Co Inc TSN Tyson Foods 'A' VSAT Viasat Inc WFC Wells Fargo & Company WMT Walmart Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|