Leading Pullback Setups For February 23 |
By Pullback Trader |
Published
02/22/2023
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Stocks
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Unrated
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Leading Pullback Setups For February 23
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
ADI Analog Devices AMAT Applied Materials AMD Advanced Micro Devices Inc BEN Franklin Res Inc BK Bank of New York Mellon Corp CSCO Cisco Systems DD DuPont de Nemours Inc DXCM DexCom Inc EBAY eBay Inc FDX FedEx Corp FISV Fiserv Inc FITB Fifth Third Bancorp GM General Motors Co GME Gamestop Corp GS Goldman Sachs Grp IPG Interpub Grp Cos JPM JPMorgan Chase & Co MCHP Microchip Tech MS Morgan Stanley MSFT Microsoft Corp MU Micron Tech NFLX Netflix Inc NRG NRG Energy Inc NTAP NetApp Inc NXPI NXP Semiconductors N.V. ON ON Semiconductor Corp PCAR PACCAR Inc PLD Prologis Inc PNR Pentair Plc RCL Royal Caribbean Cruises RTX Raytheon Technologies Corp SBUX Starbucks Corp STT State Street Corp SWKS Skyworks Solutions TFC Truist Financial Corp V Visa Inc VTR Ventas Inc WDC Western Digital WELL Welltower OP Inc ZTS Zoetis Inc
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
ALE Allete Inc BAX Baxter Intl Inc CF CF Industries Hldgs Inc EQT EQT Corp HALO Halozyme Therapy Inc LLY Eli Lilly and Co NOC Northrop Grumman PG Procter & Gamble Co PYPL PayPal Hldgs Inc RRC Range Resources TRV The Travelers Companies Inc TSN Tyson Foods 'A'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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