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Leading Pullback Setups For January 17
http://www.tigersharktrading.com/articles/44673/1/Leading-Pullback-Setups-For-January-17/Page1.html
By Pullback Trader
Published on 01/13/2023
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 17

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

AEP Amer Electric Pwr
ATO Atmos Energy Corp
AVB Avalonbay Communities
CAG Conagra Brands Inc
CMS CMS Energy
DTE DTE Energy
ED Consolidated Edison
ES Eversource Energy
EVRG Evergy Inc
FDX FedEx Corp
JHG Janus Henderson Grp PLC
KNX Knight-Swift Trasportation Hld
LNT Alliant Energy Corporation
PNW Pinnacle West Cap Corp
POR Portland General Electric Co
RH RH
SJM Smucker (J.M.)
TDC Teradata Corp
WDC Western Digital
WEC WEC Energy Group Inc
XEL Xcel Energy

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
ADM Archer-Daniels-Midland
ADP Automatic Data Proc
AES AES Corp
BF.B Brown-Forman Corp Cl B
BMY Bristol-Myers SQUIBB
CAR Avis Budget Grp
CASY Casey's Genl Stores
CBOE CBOE Glbl Mkts Inc
CEG Constellation Energy Corp
CF CF Industries Hldgs Inc
CFR Cullen/frost Bankers
CI Cigna Corp
COST Costco Wholesale Corp
CTVA Corteva Inc W*
DXCM DexCom Inc
ELV Elevance Health Inc
ENPH Enphase Energy Inc
GOOGL Alphabet Inc Cl A
HOMB Home BancShs Inc
HQY HealthEquity Inc
LLY Eli Lilly and Co
LNTH Lantheus Hldgs Inc
MP MP Materials Corp
NARI Inari Medical Inc
NDAQ NASDAQ Inc
NTAP NetApp Inc
OHI Omega Healthcare Investors Inc
PENN PENN Entertainment, Inc
PFE Pfizer Inc
PGNY Progyny Inc
PRU Prudential Finl
REGN Regeneron Pharmaceuticals
ROL Rollins Inc
SMCI Super Micro Computer Inc
STZ Constellation Brands 'A'
TRMB Trimble Navigation Ltd
TTEK Tetra Tech
VRTX Vertex Pharmaceuticals
WOLF Wolfspeed Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.