Leading Pullback Setups For August 3 |
By Pullback Trader |
Published
08/2/2023
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Stocks
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Unrated
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Leading Pullback Setups For August 3
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
AAPL Apple Inc ABT Abbott Laboratories AMAT Applied Materials AMZN Amazon.com Inc APA APA Corp BA Boeing Co CMCSA Comcast Cl A COP ConocoPhillips CRM Salesforce Inc CSX CSX Corp CVX Chevron Corporation DD DuPont de Nemours Inc DOW Dow Inc DVN Devon Energy EQT EQT Corp FCX Freeport-McMoRan Inc FTNT Fortinet Inc GE General Electric Co GM General Motors Co GOOGL Alphabet Inc Cl A INTC Intel Corp JPM JPMorgan Chase & Co MCHP Microchip Tech META Meta Platforms Inc MRO Marathon Oil Corp MS Morgan Stanley MU Micron Tech NVDA Nvidia Corp ON ON Semiconductor Corp ORCL Oracle Corp OXY Occidental Petro Corp PYPL PayPal Hldgs Inc QCOM Qualcomm Inc RCL Royal Caribbean Cruises TFC Truist Financial Corp TSLA Tesla Inc WFC Wells Fargo & Company WMB Williams Companies WY Weyerhaeuser Co XOM Exxon Mobil
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
AON Aon Plc / Ireland BIIB Biogen Inc BRKR Bruker Corporation CAG Conagra Brands Inc CPB Campbell Soup FCN FTI Consulting JNPR Juniper Networks OMCL Omnicell Inc ROL Rollins Inc WTW Willis Towers Watson Public Li
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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