Leading Pullback Setups For February 6 |
By Pullback Trader |
Published
02/3/2023
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Stocks
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Unrated
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Leading Pullback Setups For February 6
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
AAP Advance Auto Parts Inc ADBE Adobe Inc AMT American Tower Corp AON Aon Plc / Ireland AOS A O Smith Corp AVGO Broadcom Inc BA Boeing Co BJ BJ's Wholesale Club Holdings C Citigrp Inc CIEN Ciena Corp COST Costco Wholesale Corp CPRT Copart Inc CROX Crocs Inc DECK Deckers Outdoor Corp G GENPACT LIMITED GPN Global Payments Inc HWM Howmet Aerospace Inc HXL Hexcel Corp INCY Incyte Corp LHX L3Harris Technologies Inc LYV Live Nation Entertainment, Inc MMC Marsh & McLennan Companies Inc MNST Monster Beverage Corporation MO Altria Grp MTCH Match Group Inc NEM Newmont Corp NEOG Neogen Corp NLY Annaly Cap Mgt Inc OFC Corporate Office Prop Tr OGN Organon & Co PM Philip Morris Intl Inc PRU Prudential Finl SBUX Starbucks Corp SEDG SolarEdge Tech Inc STT State Street Corp TDC Teradata Corp TRGP Targa Resources Corp TSCO Tractor Supply VVV Valvoline Inc VZ Verizon Communications
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
BMY Bristol-Myers SQUIBB HQY HealthEquity Inc IBM Intl Business Machines Corp KMB Kimberly-Clark Corp NFG Natl Fuel Gas SCHW Charles Schwab Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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