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Leading Pullback Setups For February 8
http://www.tigersharktrading.com/articles/44775/1/Leading-Pullback-Setups-For-February-8/Page1.html
By Pullback Trader
Published on 02/7/2023
 

Which trending stocks are forming orderly pullbacks?


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.