Leading Pullback Setups For January 31 |
By Pullback Trader |
Published
01/30/2023
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Stocks
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Unrated
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Leading Pullback Setups For January 31
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
AA Alcoa Corp AMAT Applied Materials AMD Advanced Micro Devices Inc BBWI Bath & Body Works Inc COP ConocoPhillips CZR Caesars Entertainment Corp DAL Delta Airlines Inc DD DuPont de Nemours Inc DINO HF Sinclair Corp DIS Disney (Walt) Co DLTR Dollar Tree Inc EOG EOG Resources EW Edwards Lifesciences Corp FCX Freeport-McMoRan Inc FTNT Fortinet Inc JPM JPMorgan Chase & Co MAR Marriott Int'l Cl A MCD McDonald's Corp MCHP Microchip Tech MPC Marathon Petro Corp MSFT Microsoft Corp NEM Newmont Goldcorp Corp NFLX Netflix Inc NKE Nike Inc Cl B NOW ServiceNow Inc OGN Organon & Co OKE Oneok Inc ON ON Semiconductor Corp ORCL Oracle Corp PBF PBF Energy Inc Cl A PCAR PACCAR Inc PSX Phillips 66 RTX Raytheon Technologies Corp SLB Schlumberger Ltd STX Seagate Technology Holdings PL TJX TJX Companies UAL United Airlines Hldgs Inc VLO Valero Energy WRK Westrock Co XOM Exxon Mobil
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
CATY Cathay General Bancorp CLX Clorox Co CPB Campbell Soup DTE DTE Energy ED Consolidated Edison ENPH Enphase Energy Inc ES Eversource Energy EXC Exelon Corp GIS Genl Mills GS Goldman Sachs Grp HOMB Home BancShs Inc HSY The Hershey Co IT Gartner Inc K Kellogg Co MDLZ Mondelez Int'l Inc Cl A MOH Molina Healthcare MUSA Murphy USA Inc RSG Repub Svcs Inc SHW Sherwin-Williams SJM Smucker (J.M.) SXT Sensient Technologies WM Waste Mgt Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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