Leading Pullback Setups For May 18 |
By Pullback Trader |
Published
05/17/2023
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Stocks
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Unrated
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Leading Pullback Setups For May 18
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 AJG Gallagher (Arthur J.) AON Aon Plc / Ireland ARWR Arrowhead Pharma Inc BALL Ball Corp CHD Church & Dwight CL Colgate-Palmolive Co COST Costco Wholesale Corp EW Edwards Lifesciences Corp FSLR First Solar Inc GIS Genl Mills HSY The Hershey Co ICE Intercontinental Exchange Grp K Kellogg Co KO Coca-Cola Co LIN Linde PLC LW Lamb Weston Hldgs Inc MCD McDonald's Corp MDLZ Mondelez Int'l Inc Cl A MDT Medtronic plc MKC Mccormick & Co MMC Marsh & McLennan Companies Inc MRK Merck & Co NRG NRG Energy Inc PEP Pepsico Inc PG Procter & Gamble Co PGNY Progyny Inc ROL Rollins Inc RSG Repub Svcs Inc SFM Sprouts Farmers Mkts Inc TAP Molson Coors Beverage Co TPX Tempur Sealy Intl Inc VRTX Vertex Pharmaceuticals WELL Welltower OP Inc WM Waste Mgt Inc WMT Walmart Inc XRAY Dentsply Sirona Inc ZBH Zimmer Biomet Hldgs 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
ADBE Adobe Inc AXP American Express Co BBWI Bath & Body Works Inc BBY Best Buy BOH Bank Of Hawaii CARR Carrier Global Corp CDAY Ceridian HCM Holding Inc CFG Citizens Finl Grp Inc CMA Comerica Inc COLB Columbia Banking System Inc CPRI Capri Holdings Ltd CSCO Cisco Systems DFS Discover Finl Svcs DXC DXC Technology Company EWBC East West Bancorp FITB Fifth Third Bancorp FLR Fluor Corp FOXA Twenty-First Century Fox Inc A IBM Intl Business Machines Corp LNC Lincoln Natl Corp LUV Southwest Airlines Co MCHP Microchip Tech NXPI NXP Semiconductors N.V. OPCH Option Care Health Inc OXY Occidental Petro Corp PBF PBF Energy Inc Cl A PGR The Progressive Corp PNC PNC Finl Svcs Grp Inc SCHW Charles Schwab Corp (The) SNV Synovus Finl Corp SYF Synchrony Finl TFC Truist Financial Corp TSLA Tesla Inc TSN Tyson Foods 'A' UPS United Parcel Service Inc USB US Bancorp WBA Walgreen Boots Alliance Inc WBS Webster Financial Corp X U.S. Steel Corporation ZION Zions Bancorp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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