Leading Pullback Setups For June 12 |
By Pullback Trader |
Published
06/9/2023
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Stocks
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Unrated
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Leading Pullback Setups For June 12
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
AKAM Akamai Technologies AMKR Amkor Tech ARMK Aramark BKR Baker Hughes a GE Co Cl A BLDR Builders FirstSource Inc CADE Cadence Bank CC The Chemours Company CE Celanese Corporation CFG Citizens Finl Grp Inc CMA Comerica Inc COF Cap One Finl COLB Columbia Banking System Inc CPRT Copart Inc DD DuPont de Nemours Inc DE Deere & Co DRI Darden Restaurants Inc DXC DXC Technology Company EXPD Expeditors Intl of Washington FITB Fifth Third Bancorp FLR Fluor Corp FTV Fortive Corp HD Home Depot Inc LNC Lincoln Natl Corp LOW Lowe's Cos, Inc MAS Masco Corp NTAP NetApp Inc NUE Nucor Corp OTIS Otis WorldWide Corp W PNR Pentair Plc PPG PPG Indus Inc PSX Phillips 66 ROL Rollins Inc STZ Constellation Brands 'A' SWK Stanley Black & Decker Inc TFC Truist Financial Corp THC Tenet Healthcare TPX Tempur Sealy Intl Inc VVV Valvoline Inc WBS Webster Financial Corp WRK Westrock 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
ABBV AbbVie Inc BSX Boston Scientific Corporation CL Colgate-Palmolive Co ENV Envestnet Inc GPC Genuine Parts HSY The Hershey Co HUM Humana Inc INTU Intuit Inc K Kellogg Co KO Coca-Cola Co KR Kroger Co LDOS Leidos Hldg Inc MCD McDonald's Corp MDT Medtronic plc MKTX MarketAxess Hldg Inc MRK Merck & Co ORLY O'Reilly Automotive, Inc. PEP Pepsico Inc PG Procter & Gamble Co PM Philip Morris Intl Inc PODD Insulet Corporation SFM Sprouts Farmers Mkts Inc SO Southern Co Inc SYK Stryker Corp TMUS T-Mobile US Inc ULTA Ulta Beauty Inc YUM Yum! Brands Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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