Leading Pullback Setups For August 1 |
By Pullback Trader |
Published
07/31/2023
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Stocks
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Unrated
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Leading Pullback Setups For August 1
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
A Agilent Technologies Inc ABT Abbott Laboratories ADM Archer-Daniels-Midland ADP Automatic Data Proc AMGN Amgen Inc ARE Alexandria R.E. Equities AXTA Axalta Coating Systems Ltd BDX Becton, Dickinson CAH Cardinal Health Inc CB The Chubb Corp CDNS Cadence Design Systems DHI D.R. Horton DHR Danaher Corp EA Electronic Arts, Inc. ED Consolidated Edison EMN Eastman Chemical GE General Electric Co HIG Hartford Finl Svcs Grp ICE Intercontinental Exchange Grp KO Coca-Cola Co LOW Lowe's Cos, Inc MAS Masco Corp MCD McDonald's Corp MDT Medtronic plc MKC Mccormick & Co MMC Marsh & McLennan Companies Inc MS Morgan Stanley O Realty Income OPCH Option Care Health Inc PEP Pepsico Inc PNW Pinnacle West Cap Corp PPG PPG Indus Inc RVTY Revvity Inc SHW Sherwin-Williams SO Southern Co Inc SYF Synchrony Finl TMO Thermo Fisher Scientific Inc TMUS T-Mobile US Inc TPX Tempur Sealy Intl Inc WRB W R Berkley Corp
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 ACIW ACI Worldwide Inc ALB Albemarle Corp ALK Alaska Air Grp Inc BBWI Bath & Body Works Inc BIIB Biogen Inc BMY Bristol-Myers SQUIBB CMG Chipotle Mexican Grill Inc CSGP Costar Grp DIS Disney (Walt) Co HUM Humana Inc IPG Interpub Grp Cos MRK Merck & Co OMC Omnicom Grp Inc OMCL Omnicell Inc PGR The Progressive Corp POST Post Hldg Inc SLAB Silicon Laboratories SNA Snap-On Inc TYL Tyler Technologies VMI Valmont Indus
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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