Leading Pullback Setups For May 30 |
By Pullback Trader |
Published
05/26/2023
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Stocks
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Unrated
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Leading Pullback Setups For May 30
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
ABC AmeriSourceBergen Corp AJG Gallagher (Arthur J.) ALB Albemarle Corp CAH Cardinal Health Inc CELH Celsius Hldg Inc CHDN Churchill Downs DVA DaVita Inc INGR Ingredion Inc LNTH Lantheus Hldgs Inc MCK McKesson Corp NSC Norfolk Southern PDCE PDC Energy Inc RGA Reisnuran Grp Of America Inc RRC Range Resources TAP Molson Coors Beverage Co
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
ADI Analog Devices ALGM Allegro MicroSystems Inc APH Amphenol Corp A AXP American Express Co AXTA Axalta Coating Systems Ltd BA Boeing Co BEN Franklin Res Inc BK Bank of New York Mellon Corp CDAY Ceridian HCM Holding Inc CPRI Capri Holdings Ltd DD DuPont de Nemours Inc DE Deere & Co DGX Quest Diagnostics EL Lauder (Estee) Co EMR Emerson Electric Co FHI Federated Hermes Inc FLR Fluor Corp FOX Twenty-First Century Fox Inc B FOXA Twenty-First Century Fox Inc A GM General Motors Co HON Honeywell Intl HRB Block (H&R) JNPR Juniper Networks LSCC Lattice Semiconductor LUV Southwest Airlines Co MGM MGM Resorts Intl MS Morgan Stanley ODFL Old Dominion Freight Line OTIS OTIS PENN PENN Entertainment, Inc QCOM Qualcomm Inc REXR Rexford Industrial Realty Inc STT State Street Corp SWKS Skyworks Solutions TFC Truist Financial Corp TROW T.Rowe Price Grp TSN Tyson Foods 'A' V Visa Inc WOLF Wolfspeed Inc WRK Westrock Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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