Leading Pullback Setups For May 5 |
By Pullback Trader |
Published
05/4/2023
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Stocks
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Unrated
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Leading Pullback Setups For May 5
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
ABT Abbott Laboratories ACGL Arch Cap Grp AFL AFLAC Inc BAX Baxter Intl Inc BRK.B Berkshire Hathaway'B' BSX Boston Scientific Corporation CAG Conagra Brands Inc CMCSA Comcast Cl A DG Dollar General Corporation EA Electronic Arts, Inc. EBAY eBay Inc ETN Eaton Corp FISV Fiserv Inc GOOGL Alphabet Inc Cl A HLT Hilton Worldwide Hldg Inc HON Honeywell Intl HPQ HP Inc HWM Howmet Aerospace Inc INVH Invitation Homes Inc JNJ Johnson & Johnson KMX CarMax, Inc KR Kroger Co LIN Linde PLC LOW Lowe's Cos, Inc MAR Marriott Int'l Cl A MCD McDonald's Corp MMC Marsh & McLennan Companies Inc MO Altria Grp MU Micron Tech NKE Nike Inc Cl B NVDA Nvidia Corp ON ON Semiconductor Corp OTIS Otis WorldWide Corp W PG Procter & Gamble Co PNR Pentair Plc SKX Skechers U.S.A. Cl'A' TJX TJX Companies TSN Tyson Foods 'A' WELL Welltower OP Inc WMT Walmart 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
AVT Avnet, Inc DLR Digital Realty Trust Inc MRNA Moderna Inc PDCE PDC Energy Inc SRC Spirit Realty Cap Inc ZBRA Zebra Technologies'A'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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