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Leading Pullback Setups For July 27
http://www.tigersharktrading.com/articles/45547/1/Leading-Pullback-Setups-For-July-27/Page1.html
By Pullback Trader
Published on 07/26/2023
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For July 27

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
ADBE Adobe Inc
ANET Arista Networks
AOS A O Smith Corp
ARMK Aramark
BEN Franklin Res Inc
BERY Berry Plastics Grp Inc
CAH Cardinal Health Inc
CAT Caterpillar Inc
CNC Centene Corp
COF Cap One Finl
CPRT Copart Inc
CROX Crocs Inc
DLR Digital Realty Trust Inc
ETN Eaton Corp
INCY Incyte Corp
INVH Invitation Homes Inc
IR Ingersoll-Rand Plc
LLY Eli Lilly and Co
MCD McDonald's Corp
MCHP Microchip Tech
MS Morgan Stanley
MSFT Microsoft Corp
MTDR Matador Resources Co
NEE NextEra Energy Inc
NFLX Netflix Inc
NTAP NetApp Inc
NVT nVent Electric PLC W/I
OHI Omega Healthcare Investors Inc
OPCH Option Care Health Inc
ORCL Oracle Corp
RCL Royal Caribbean Cruises
SFM Sprouts Farmers Mkts Inc
SYF Synchrony Finl
TEX Terex Corp
THC Tenet Healthcare
TMHC Taylor Morrison Home Corp
USFD US Foods Hldg Corp
VNT Vontier Corp
VTR Ventas 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

AAP Advance Auto Parts Inc
AXON Axon Enterprise Inc
BBWI Bath & Body Works Inc
CCI Crown Castle Inc
CHDN Churchill Downs
DKS Dick's Sporting Goods
GPC Genuine Parts
IPG Interpub Grp Cos
MASI Masimo Corp
MRCY Mercury Systems Inc
NKE Nike Inc Cl B
PGR The Progressive Corp
REGN Regeneron Pharmaceuticals
SXT Sensient Technologies
TPR Tapestry Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.