Leading Pullback Setups For May 12 |
By Pullback Trader |
Published
05/11/2023
|
Stocks
|
Unrated
|
|
Leading Pullback Setups For May 12
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 AME Ametek, Inc AOS A O Smith Corp BIIB Biogen Inc BRBR Bellring Brands Inc BYD Boyd Gaming CHRW C.H. Robinson Worldwide Inc CNP Centerpoint Energy DUK Duke Energy Corporation DVA DaVita Inc EXC Exelon Corp EXPD Expeditors Intl of Washington FAF First American Finl Corp FDX FedEx Corp FLS Flowserve Corp GO Grocery Outlet Holding Corp GPC Genuine Parts GRMN Garmin Ltd HON Honeywell Intl HPQ HP Inc IR Ingersoll-Rand Plc IRM Iron Mountain Inc REIT JNJ Johnson & Johnson KMX CarMax, Inc LOW Lowe's Cos, Inc LPX Louisiana-Pacific Corp MAS Masco Corp MCD McDonald's Corp MDT Medtronic plc NNN NNN REIT Inc OTIS Otis WorldWide Corp W PGNY Progyny Inc SBUX Starbucks Corp SRE Sempra Energy SWK Stanley Black & Decker Inc TAP Molson Coors Beverage Co TREX Trex Co Inc UNM Unum Grp XEL Xcel Energy XYL Xylem, 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
ACHC Acadia Healthcare Co, Inc ACIW ACI Worldwide Inc BDC Belden Inc CRL Charles River Labs Intl ETSY Etsy Inc FSLR First Solar Inc HSIC Henry Schein Inc JAZZ Jazz Pharmaceuticals plc JBL Jabil Inc PDCO Patterson Companies SEDG SolarEdge Tech Inc SLGN Silgan Hldg TGT Target Corp UTHR United Therapeutics
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|