Leading Pullback Setups For August 17 |
By Pullback Trader |
Published
08/16/2023
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Stocks
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Unrated
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Leading Pullback Setups For August 17
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
ADM Archer-Daniels-Midland AMZN Amazon.com Inc AR Antero Resources Corp BA Boeing Co CARR Carrier Global Corp CAT Caterpillar Inc COP ConocoPhillips CSCO Cisco Systems CVS CVS Health Corp CVX Chevron Corporation DBX Dropbox Inc EOG EOG Resources FTV Fortive Corp GOOG Alphabet Inc Cl C Cap Stock HAL Halliburton Co IBM Intl Business Machines Corp JPM JPMorgan Chase & Co KNX Knight-Swift Trasportation Hld MET Metlife Inc MPC Marathon Petro Corp MRO Marathon Oil Corp NVDA Nvidia Corp OKE Oneok Inc OXY Occidental Petro Corp PG Procter & Gamble Co PRGO Perrigo Co plc RCL Royal Caribbean Cruises SCHW Charles Schwab Corp SLB Schlumberger Ltd STX Seagate Technology Holdings PL TPX Tempur Sealy Intl Inc TRGP Targa Resources Corp TSN Tyson Foods 'A' UNP Union Pacific Corp USB US Bancorp WDC Western Digital WELL Welltower OP Inc WRK Westrock Co XOM Exxon Mobil ZION Zions Bancorp
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
CMG Chipotle Mexican Grill Inc ENS Enersys MAN ManpowerGrp Inc. NSP Insperity Inc PNM PNM Resources Inc ROL Rollins Inc SR Spire Inc SYY Sysco Corp VNT Vontier Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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