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Leading Pullback Setups For May 22
http://www.tigersharktrading.com/articles/45248/1/Leading-Pullback-Setups-For-May-22/Page1.html
By Pullback Trader
Published on 05/19/2023
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For May 22

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

ALB Albemarle Corp
ALK Alaska Air Grp Inc
BALL Ball Corp
BRBR Bellring Brands Inc
DAL Delta Airlines Inc
ENOV Enovis Corp
ENR Energizer Hldgs Inc
GIS Genl Mills
KBH KB Home
OLLI Ollies Bargain Outlet Hldgs
SKX Skechers U.S.A. Cl'A'
TREX Trex Co Inc
WELL Welltower OP 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
ADM Archer-Daniels-Midland
AEE Ameren Corp
ANET Arista Networks
APA APA Corp
BRKR Bruker Corporation
BWA Borg Warner
CBT Cabot Corp
CF CF Industries Hldgs Inc
CTVA Corteva Inc W*
DHR Danaher Corp
DVN Devon Energy
EPAM EPAM Systems Inc
EXC Exelon Corp
FCN FTI Consulting
FDS FactSet Research Systems Inc
ILMN Illumina Inc
INTC Intel Corp
JAZZ Jazz Pharmaceuticals plc
KHC The Kraft Heinz Company
MPWR Monolithic Power Systems Inc
NFG Natl Fuel Gas
OPCH Option Care Health Inc
OXY Occidental Petro Corp
PCTY Paylocity Hlldg Corporation
PRGO Perrigo Co plc
QLYS Qualys Inc
REGN Regeneron Pharmaceuticals
RGEN Repligen Corp
RJF Raymond James Finl
RNR RenaissanceRe Hldg
RVTY Revvity Inc
TMO Thermo Fisher Scientific Inc
UTHR United Therapeutics
WEC WEC Energy Group Inc
WOLF Wolfspeed Inc
WTW Willis Towers Watson Public Li

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.