Leading Pullback Setups For March 8 |
By Pullback Trader |
Published
03/7/2023
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Stocks
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Unrated
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Leading Pullback Setups For March 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
AA Alcoa Corp ADI Analog Devices AMAT Applied Materials AXP American Express Co BA Boeing Co BK Bank of New York Mellon Corp BKR Baker Hughes a GE Co Cl A BLDR Builders FirstSource Inc BSX Boston Scientific Corporation C Citigrp Inc CLF Cleveland-Cliffs Inc CRM Salesforce Inc CSCO Cisco Systems CZR Caesars Entertainment Corp DFS Discover Finl Svcs FAST Fastenal Co FISV Fiserv Inc FL Foot Locker FOXA Twenty-First Century Fox Inc A GM General Motors Co LIN Linde PLC LVS Las Vegas Sands Corp MGM MGM Resorts Intl MODG Topgolf Callaway Brands Corp MOS The Mosaic Co (New) MPC Marathon Petro Corp MS Morgan Stanley NVDA Nvidia Corp OTIS Otis WorldWide Corp W PARA Paramount Glbl Cl B PHM PulteGrp, Inc PLD Prologis Inc STT State Street Corp TPR Tapestry Inc TSLA Tesla Inc VICI Vici Pptys Inc VLO Valero Energy WELL Welltower OP Inc WYNN Wynn Resorts Ltd X U.S. Steel Corporation
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
HRB Block (H&R) NOC Northrop Grumman OHI Omega Healthcare Investors Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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