Leading Pullback Setups For February 8 |
By Pullback Trader |
Published
02/7/2023
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Stocks
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Unrated
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Leading Pullback Setups For February 8
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
ALK Alaska Air Grp Inc AOS A O Smith Corp ATO Atmos Energy Corp AXON Axon Enterprise Inc BALL Ball Corp CCI Crown Castle Inc CLF Cleveland-Cliffs Inc EXPD Expeditors Intl of Washington FRT Federal Rlty Inv Tr Sbi FSLR First Solar Inc HELE Helen Of Troy Ltd HOG Harley-Davidson HR Healthcare Realty Trust Inc IP Intl Paper ITW Illinois Tool Works JWN Nordstrom Inc KMX CarMax, Inc M Macy's, Inc. MO Altria Grp MOS The Mosaic Co (New) MP MP Materials Corp NUE Nucor Corp ODFL Old Dominion Freight Line ORCL Oracle Corp PARA Paramount Glbl Cl B PNR Pentair Plc PSA Pub Storage PVH PVH Corp. REG Regency Centers SCI Service Corporation Intl SPG Simon Ppty Grp STLD Steel Dynamics SWK Stanley Black & Decker Inc TAP Molson Coors Beverage Co THC Tenet Healthcare TT Trane Tech PLC UAL United Airlines Hldgs Inc VTR Ventas Inc 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
AES AES Corp AFG Amer Finl Grp Inc AFL AFLAC Inc AIG Amer Intl Grp ASH Ashland Inc CB The Chubb Corp CFR Cullen/frost Bankers CNP Centerpoint Energy CVX Chevron Corporation DGX Quest Diagnostics FE FirstEnergy Corp GEN Gen Digital Inc HII Huntington Ingalls Industries HON Honeywell Intl JNPR Juniper Networks MET Metlife Inc MRK Merck & Co NEE NextEra Energy Inc NOC Northrop Grumman RSG Repub Svcs Inc WRB W R Berkley Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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