Leading Pullback Setups For May 19 |
By Pullback Trader |
Published
05/18/2023
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Stocks
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Unrated
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Leading Pullback Setups For May 19
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 ARWR Arrowhead Pharma Inc BALL Ball Corp BIIB Biogen Inc CL Colgate-Palmolive Co CLH Clean Harbors Inc ENOV Enovis Corp FSLR First Solar Inc GIS Genl Mills HAE Haemonetics Corp HUM Humana Inc ICUI ICU Medical KMB Kimberly-Clark Corp KO Coca-Cola Co LIVN LivaNove PLC MOH Molina Healthcare MRK Merck & Co MUSA Murphy USA Inc NARI Inari Medical Inc PG Procter & Gamble Co ROL Rollins Inc RSG Repub Svcs Inc VTR Ventas Inc WM Waste Mgt Inc YETI YETI Holdings 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
ABBV AbbVie Inc ADBE Adobe Inc APH Amphenol Corp A AXP American Express Co BEN Franklin Res Inc BK Bank of New York Mellon Corp CARR Carrier Global Corp CAT Caterpillar Inc CMA Comerica Inc DD DuPont de Nemours Inc DHR Danaher Corp DINO HF Sinclair Corp DIS Disney (Walt) Co DVN Devon Energy EOG EOG Resources GM General Motors Co HAL Halliburton Co IBM Intl Business Machines Corp KSS Kohl's Corp LUV Southwest Airlines Co MCHP Microchip Tech MET Metlife Inc MGM MGM Resorts Intl MRO Marathon Oil Corp MS Morgan Stanley NKE Nike Inc Cl B OKE Oneok Inc PNC PNC Finl Svcs Grp Inc PRU Prudential Finl PSX Phillips 66 QCOM Qualcomm Inc SLB Schlumberger Ltd TFC Truist Financial Corp TSLA Tesla Inc TXN Texas Instruments USB US Bancorp WY Weyerhaeuser Co X U.S. Steel Corporation XOM Exxon Mobil ZION Zions Bancorp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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