Leading Pullback Setups For May 8 |
By Pullback Trader |
Published
05/5/2023
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Stocks
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Unrated
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Leading Pullback Setups For May 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
BSX Boston Scientific Corporation CASY Casey's Genl Stores CL Colgate-Palmolive Co CLX Clorox Co CMG Chipotle Mexican Grill Inc ENOV Enovis Corp IRDM Iridium Communications Inc LLY Eli Lilly and Co MSI Motorola Inc RMD Resmed Inc SWK Stanley Black & Decker Inc TECH Bio-Techne Corp TXRH Texas Roadhouse Inc VRSN Verisign 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
ADI Analog Devices AES AES Corp AMAT Applied Materials AMGN Amgen Inc AMT American Tower Corp ANET Arista Networks APH Amphenol Corp A ARMK Aramark BJ BJ's Wholesale Club Holdings BKR Baker Hughes a GE Co Cl A BMY Bristol-Myers SQUIBB CARR Carrier Global Corp CUBE CubeSmart CZR Caesars Entertainment Corp DD DuPont de Nemours Inc DOW Dow Inc ENPH Enphase Energy Inc EXR Extrage Space Storage Inc FE FirstEnergy Corp FIS Fidelity National Information FITB Fifth Third Bancorp FTV Fortive Corp IPG Interpub Grp Cos KDP Keurig Dr Pepper Inc LSCC Lattice Semiconductor MDU MDU Res Grp Inc OMC Omnicom Grp Inc PFE Pfizer Inc PGR The Progressive Corp REXR Rexford Industrial Realty Inc RJF Raymond James Finl RRC Range Resources SCHW Charles Schwab Corp SPG Simon Ppty Grp TER Teradyne Inc TMUS T-Mobile US Inc TSLA Tesla Inc UAL United Airlines Hldgs Inc USB US Bancorp WRB W R Berkley Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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