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Leading Pullback Setups For August 4
http://www.tigersharktrading.com/articles/45591/1/Leading-Pullback-Setups-For-August-4/Page1.html
By Pullback Trader
Published on 08/3/2023
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For August 4

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
BDX Becton, Dickinson
BLDR Builders FirstSource Inc
CARR Carrier Global Corp
CAT Caterpillar Inc
CUZ Cousins Properties
DAL Delta Airlines Inc
DHI D.R. Horton
DLR Digital Realty Trust Inc
ECL Ecolab Inc
EQR Equity Residential
ETN Eaton Corp
FAST Fastenal Co
FIS Fidelity National Information
GLW Corning Inc
KIM Kimco Realty Corp
KO Coca-Cola Co
LEN Lennar Corp A
LIN Linde PLC
LLY Eli Lilly and Co
LOW Lowe's Cos, Inc
MAR Marriott Int'l Cl A
MAS Masco Corp
MAT Mattel, Inc
MDU MDU Res Grp Inc
MGM MGM Resorts Intl
MMM 3M Co
OHI Omega Healthcare Investors Inc
PCAR PACCAR Inc
PHM PulteGrp, Inc
PNC PNC Finl Svcs Grp Inc
SPG Simon Ppty Grp
SYY Sysco Corp
TOL Toll Brothers
UPS United Parcel Service Inc
VNO Vornado Realty Trust
VTR Ventas Inc
WOLF Wolfspeed Inc
X U.S. Steel Corporation

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

BBWI Bath & Body Works Inc
CFR Cullen/frost Bankers
CHDN Churchill Downs
DGX Quest Diagnostics
NJR New Jersey Resources
NSA Natl Storage Affiliates Tr
POST Post Hldg Inc
PSA Pub Storage
WTW Willis Towers Watson Public Li

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.