Leading Pullback Setups For August 7 |
By Pullback Trader |
Published
08/4/2023
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Stocks
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Unrated
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Leading Pullback Setups For August 7
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
ABBV AbbVie Inc ABC AmeriSourceBergen Corp ACN Accenture PLC (Ireland) NEW AMAT Applied Materials AVGO Broadcom Inc BBY Best Buy CARR Carrier Global Corp CAT Caterpillar Inc CB The Chubb Corp CMCSA Comcast Cl A CVS CVS Health Corp DLTR Dollar Tree Inc ELS Equity Lifestyle Properties HAS Hasbro Inc HD Home Depot Inc HRL Hormel Foods Corp INCY Incyte Corp ITW Illinois Tool Works JWN Nordstrom Inc KDP Keurig Dr Pepper Inc LIN Linde PLC LOW Lowe's Cos, Inc MAT Mattel, Inc MDU MDU Res Grp Inc MMM 3M Co MTCH Match Group Inc NVT nVent Electric PLC W/I PAYX Paychex Inc PCAR PACCAR Inc PM Philip Morris Intl Inc PNC PNC Finl Svcs Grp Inc PTC PTC Inc RCL Royal Caribbean Cruises RSG Repub Svcs Inc SYY Sysco Corp TJX TJX Companies UNP Union Pacific Corp UPS United Parcel Service Inc WMT Walmart Inc ZTS Zoetis 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
AMD Advanced Micro Devices Inc AXON Axon Enterprise Inc CHDN Churchill Downs EEFT Euronet Worldwide GME Gamestop Corp IPG Interpub Grp Cos LITE Lumentum Hldgs Inc LYV Live Nation Entertainment, Inc NJR New Jersey Resources SCI Service Corporation Intl STAG Stag Industrial Inc ZBRA Zebra Technologies'A'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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