Leading Pullback Setups For May 17 |
By Pullback Trader |
Published
05/16/2023
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Stocks
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Unrated
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Leading Pullback Setups For May 17
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 ALL Allstate Corp BALL Ball Corp CEG Constellation Energy Corp CHD Church & Dwight CL Colgate-Palmolive Co CMCSA Comcast Cl A COST Costco Wholesale Corp CPRT Copart Inc DAR Darling Ingredients Inc DXCM DexCom Inc EQR Equity Residential ETN Eaton Corp EW Edwards Lifesciences Corp FAST Fastenal Co FBIN Fortune Brands Innovations Inc FLO Flowers Foods Inc FSLR First Solar Inc INVH Invitation Homes Inc JCI Johnson Controls Intl Plc K Kellogg Co KBR KBR Inc KMX CarMax, Inc KO Coca-Cola Co MA Mastercard Inc MAS Masco Corp NDAQ NASDAQ Inc NFLX Netflix Inc OTIS Otis WorldWide Corp W PEG Pub Svc Enterprises Gr Incorp PEP Pepsico Inc ROL Rollins Inc SO Southern Co Inc STAG Stag Industrial Inc UHS Universal Health Svcs UNP Union Pacific Corp WMT Walmart Inc XYL Xylem, Inc. ZTS Zoetis 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
ALGM Allegro MicroSystems Inc ANSS Ansys Inc BIO Bio-Rad Labs Cl'A' BOH Bank Of Hawaii CALX Calix Inc CDNS Cadence Design Systems DAL Delta Airlines Inc EXLS ExlService Hldgs Inc HGV Hilton Grand Vacations Inc IBM Intl Business Machines Corp JBL Jabil Inc SITM SiTime Corp SYNA Synaptics Inc TCBI Texas Cap Bancshs WBS Webster Financial Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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