Leading Pullback Setups For May 3 |
By Pullback Trader |
Published
05/2/2023
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Stocks
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Unrated
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Leading Pullback Setups For May 3
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
ADBE Adobe Inc AEP Amer Electric Pwr AXTA Axalta Coating Systems Ltd BAX Baxter Intl Inc CB The Chubb Corp CMCSA Comcast Cl A CMS CMS Energy CNC Centene Corp CSGP Costar Grp CTVA Corteva Inc W DIS Disney (Walt) Co DT Dynatrace Holdings LLC EA Electronic Arts, Inc. EBAY eBay Inc EQT EQT Corp FISV Fiserv Inc GMED Globus Medical Inc GOOG Alphabet Inc Cl C Cap Stock HD Home Depot Inc HES Hess Corporation ICE Intercontinental Exchange Grp INTC Intel Corp LOW Lowe's Cos, Inc MA Mastercard Inc MAS Masco Corp MU Micron Tech NEE NextEra Energy Inc PXD Pioneer Natural Resources SKX Skechers U.S.A. Cl'A' THC Tenet Healthcare TSN Tyson Foods 'A' TTWO Take-Two Interactive Software UNM Unum Grp V Visa Inc VOYA Voya Finl Inc VTR Ventas Inc WELL Welltower OP Inc WEN The Wendy's Co WYNN Wynn Resorts Ltd XEL Xcel Energy
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
ALGM Allegro MicroSystems Inc AYI Acuity Brands Inc CC The Chemours Company CF CF Industries Hldgs Inc DHR Danaher Corp FIVE Five Below Inc GNRC Generac Hldg Inc QRVO Qorvo Inc R Ryder System RGEN Repligen Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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