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Leading Pullback Setups For May 25
http://www.tigersharktrading.com/articles/45271/1/Leading-Pullback-Setups-For-May-25/Page1.html
By Pullback Trader
Published on 05/24/2023
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For May 25

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

ACGL Arch Cap Grp
AMAT Applied Materials
AR Antero Resources Corp
BRK.B Berkshire Hathaway'B'
CBRE CBRE Grp, Inc.
CMCSA Comcast Cl A
CPRT Copart Inc
CSX CSX Corp
CTRA Coterra Energy Inc
CTSH Cognizant Tech Solutions'A'
DLTR Dollar Tree Inc
DXC DXC Technology Company
ETN Eaton Corp
FAST Fastenal Co
FISV Fiserv Inc
FTNT Fortinet Inc
GE General Electric Co
GOOGL Alphabet Inc Cl A
HIG Hartford Finl Svcs Grp
HPQ HP Inc
HWM Howmet Aerospace Inc
ICE Intercontinental Exchange Grp
INVH Invitation Homes Inc
IPG Interpub Grp Cos
IR Ingersoll-Rand Plc
JCI Johnson Controls Intl Plc
JPM JPMorgan Chase & Co
MMC Marsh & McLennan Companies Inc
MNST Monster Beverage Corporation
MSFT Microsoft Corp
NSC Norfolk Southern
OHI Omega Healthcare Investors Inc
ON ON Semiconductor Corp
RCL Royal Caribbean Cruises
SKX Skechers U.S.A. Cl'A'
STX Seagate Technology Holdings PL
TAP Molson Coors Beverage Co
TRV The Travelers Companies Inc
USFD US Foods Hldg Corp
WDC Western Digital

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

APA APA Corp
FANG Diamondback Energy Inc
HAL Halliburton Co
ILMN Illumina Inc
RPM RPM Intl
SLB Schlumberger Ltd
TSN Tyson Foods 'A'
WTRG Essential Utilities Inc
XOM Exxon Mobil

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.