Leading Pullback Setups For January 5 |
By Pullback Trader |
Published
01/4/2023
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Stocks
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Unrated
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Leading Pullback Setups For January 5
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
AGCO Agco Corp CIEN Ciena Corp CTAS Cintas Corp DGX Quest Diagnostics HALO Halozyme Therapy Inc INCY Incyte Corp KBR KBR Inc LLY Eli Lilly and Co MANH Manhattan Associates MRNA Moderna Inc PFE Pfizer Inc TSCO Tractor Supply
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
AMGN Amgen Inc APTV Aptiv PLC BAC Bank of America Corporation BAX Baxter Intl Inc BMY Bristol-Myers SQUIBB CMA Comerica Inc COF Cap One Finl CTLT Catalent Inc CZR Caesars Entertainment Corp DFS Discover Finl Svcs DIS Disney (Walt) Co EXPE Expedia Grp Inc FITB Fifth Third Bancorp GEN Gen Digital Inc GM General Motors Co IBM Intl Business Machines Corp INTC Intel Corp KSS Kohl's Corp LNC Lincoln Natl Corp LYV Live Nation Entertainment, Inc MAR Marriott Int'l Cl A MET Metlife Inc MS Morgan Stanley MU Micron Tech NTAP NetApp Inc OHI Omega Healthcare Investors Inc PENN PENN Entertainment, Inc PYPL PayPal Hldgs Inc QCOM Qualcomm Inc RCL Royal Caribbean Cruises RF Regions Finl Corporation SLG SLGreen Realty SYF Synchrony Finl TGT Target Corp TSN Tyson Foods 'A' TXN Texas Instruments UDR UDR Inc WDC Western Digital WFC Wells Fargo & Company WMT Walmart Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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