Leading Pullback Setups For February 22 |
By Pullback Trader |
Published
02/21/2023
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Stocks
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Unrated
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Leading Pullback Setups For February 22
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
AAPL Apple Inc ADI Analog Devices AMAT Applied Materials AMD Advanced Micro Devices Inc AMZN Amazon.com Inc BA Boeing Co BAC Bank of America Corporation BK Bank of New York Mellon Corp C Citigrp Inc CARR Carrier Global Corp CMCSA Comcast Cl A CRM Salesforce Inc CSCO Cisco Systems DAL Delta Airlines Inc DIS Disney (Walt) Co DOW Dow Inc FITB Fifth Third Bancorp FTNT Fortinet Inc HPQ HP Inc JPM JPMorgan Chase & Co MCHP Microchip Tech MS Morgan Stanley MSFT Microsoft Corp MU Micron Tech NFLX Netflix Inc NVDA Nvidia Corp ON ON Semiconductor Corp ORCL Oracle Corp PARA Paramount Glbl Cl B QCOM Qualcomm Inc RF Regions Finl Corporation SBUX Starbucks Corp SYF Synchrony Finl TFC Truist Financial Corp TGT Target Corp TPR Tapestry Inc TSLA Tesla Inc UAL United Airlines Hldgs Inc USB US Bancorp WFC Wells Fargo & Company
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
ABBV AbbVie Inc CPB Campbell Soup INGR Ingredion Inc K Kellogg Co KMB Kimberly-Clark Corp LIN Linde PLC OGN Organon & Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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