Leading Pullback Setups For June 2 |
By Pullback Trader |
Published
06/1/2023
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Stocks
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Unrated
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Leading Pullback Setups For June 2
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
ACN Accenture PLC (Ireland) NEW ALK Alaska Air Grp Inc AVGO Broadcom Inc AVT Avnet, Inc CASY Casey's Genl Stores CMCSA Comcast Cl A DXC DXC Technology Company HELE Helen Of Troy Ltd LITE Lumentum Hldgs Inc OMCL Omnicell Inc ORA Ormat Technologies Inc PWR Quanta Svcs RGEN Repligen Corp RRC Range Resources SKX Skechers U.S.A. Cl'A' VRSN Verisign 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
ABT Abbott Laboratories ADI Analog Devices AMT American Tower Corp BAX Baxter Intl Inc BDX Becton, Dickinson BMY Bristol-Myers SQUIBB C Citigrp Inc CI The Cigna Group CMA Comerica Inc CNC Centene Corp CVS CVS Health Corp DHR Danaher Corp DIS Disney (Walt) Co EMR Emerson Electric Co ENPH Enphase Energy Inc FCX Freeport-McMoRan Inc HES Hess Corporation HLT Hilton Worldwide Hldg Inc INTU Intuit Inc MA Mastercard Inc MCD McDonald's Corp MRK Merck & Co MUR Murphy Oil Corp NEM Newmont Corp PEAK Healthpeak Properties Inc PNC PNC Finl Svcs Grp Inc PYPL PayPal Hldgs Inc SLB Schlumberger Ltd STT State Street Corp SYY Sysco Corp TMUS T-Mobile US Inc TRGP Targa Resources Corp UDR UDR Inc UNP Union Pacific Corp V Visa Inc VTR Ventas Inc WMB Williams Companies WMT Walmart Inc YUM Yum! Brands Inc ZTS Zoetis Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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