Which trending stocks are forming orderly pullbacks?
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
AEP Amer Electric Pwr
AXTA Axalta Coating Systems Ltd
CAG Conagra Brands Inc
CME CME Grp Inc
CMS CMS Energy
CPB Campbell Soup
EVRG Evergy Inc
FE FirstEnergy Corp
GILD Gilead Sciences
GIS Genl Mills
INTC Intel Corp
IRDM Iridium Communications Inc
JNJ Johnson & Johnson
MDLZ Mondelez Int'l Inc Cl A
NEM Newmont Corp
PODD Insulet Corporation
RSG Repub Svcs Inc
SJM Smucker (J.M.)
WM Waste Mgt Inc
XEL Xcel Energy
XOM Exxon Mobil
YUM Yum! Brands 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
AR Antero Resources Corp
ARMK Aramark
BAC Bank of America Corporation
BK Bank of New York Mellon Corp
C Citigrp Inc
CF CF Industries Hldgs Inc
CFG Citizens Finl Grp Inc
CMA Comerica Inc
COLB Columbia Banking System Inc
DAL Delta Airlines Inc
DIS Disney (Walt) Co
DLR Digital Realty Trust Inc
DOW Dow Inc
FAST Fastenal Co
FOXA Twenty-First Century Fox Inc A
HAL Halliburton Co
HD Home Depot Inc
HOG Harley-Davidson
HON Honeywell Intl
JCI Johnson Controls Intl Plc
KMX CarMax, Inc
KSS Kohl's Corp
LOW Lowe's Cos, Inc
LUV Southwest Airlines Co
MCHP Microchip Tech
MET Metlife Inc
PEAK Healthpeak Properties Inc
QCOM Qualcomm Inc
SCHW Charles Schwab Corp
STT State Street Corp
TFC Truist Financial Corp
UAL United Airlines Hldgs Inc
VICI Vici Pptys Inc
VTR Ventas Inc
WDC Western Digital
WFC Wells Fargo & Company
WRK Westrock Co
WY Weyerhaeuser Co
X U.S. Steel Corporation
ZION Zions Bancorp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.