Leading Pullback Setups For January 12 |
By Pullback Trader |
Published
01/11/2023
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Stocks
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Unrated
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Leading Pullback Setups For January 12
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
ALL Allstate Corp BRBR Bellring Brands Inc CIEN Ciena Corp CL Colgate-Palmolive Co CPB Campbell Soup EHC Encompass Health Corp GIS Genl Mills LW Lamb Weston Hldgs Inc MO Altria Grp OMC Omnicom Grp Inc PG Procter & Gamble Co PM Philip Morris Intl Inc POST Post Hldg Inc SJM Smucker (J.M.) UHS Universal Health Svcs VC Visteon Corp ZBH Zimmer Biomet Hldgs 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
AAPL Apple Inc ADP Automatic Data Proc AES AES Corp ALB Albemarle Corp APA APA Corp BAC Bank of America Corporation BIIB Biogen Inc BJ BJ's Wholesale Club Holdings BMY Bristol-Myers SQUIBB CI Cigna Corp CZR Caesars Entertainment Corp DLTR Dollar Tree Inc EA Electronic Arts, Inc. ENPH Enphase Energy Inc EQR Equity Residential ETR Entergy Corp FAST Fastenal Co GEN Gen Digital Inc GOOGL Alphabet Inc Cl A HRB Block (H&R) HRL Hormel Foods Corp KSS Kohl's Corp LNC Lincoln Natl Corp MP MP Materials Corp MSFT Microsoft Corp NDAQ NASDAQ Inc NOW ServiceNow Inc PBF PBF Energy Inc Cl A PENN PENN Entertainment, Inc PRU Prudential Finl RUN Sunrun Inc STZ Constellation Brands 'A' SYF Synchrony Finl SYY Sysco Corp TRMB Trimble Navigation Ltd TSLA Tesla Inc VNO Vornado Realty Trust VRTX Vertex Pharmaceuticals VSCO Victoria's Secret & Co WOLF Wolfspeed Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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