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Leading Pullback Setups For January 4
http://www.tigersharktrading.com/articles/44627/1/Leading-Pullback-Setups-For-January-4/Page1.html
By Pullback Trader
Published on 01/3/2023
 

Which trending stocks are forming orderly pullbacks?


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.