Leading Pullback Setups For October 16 |
By Pullback Trader |
Published
10/13/2023
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Stocks
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Unrated
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Leading Pullback Setups For October 16
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
AKAM Akamai Technologies ANET Arista Networks AYI Acuity Brands Inc BJ BJ's Wholesale Club Holdings CDAY Ceridian HCM Holding Inc CDNS Cadence Design Systems CDW CDW Corp CPRT Copart Inc DBX Dropbox Inc DD DuPont de Nemours Inc DT Dynatrace Holdings LLC EXLS ExlService Hldgs Inc FDS FactSet Research Systems Inc FLR Fluor Corp GDDY GoDaddy Inc GOOGL Alphabet Inc Cl A GRMN Garmin Ltd INTC Intel Corp INTU Intuit Inc J Jacobs Solutions Inc KBR KBR Inc LYV Live Nation Entertainment, Inc MANH Manhattan Associates META Meta Platforms Inc MU Micron Tech MUSA Murphy USA Inc OLED Universal Display Corp PKG Packaging Corp America R Ryder System RHI Robert Half Inc SFM Sprouts Farmers Mkts Inc SMCI Super Micro Computer Inc SNPS Synopsys Inc TSLA Tesla Inc TT Trane Tech PLC VNT Vontier Corp VRSN Verisign Inc WSO Watsco, Inc XPO XPO 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
AEE Ameren Corp AMT American Tower Corp APA APA Corp ARWR Arrowhead Pharma Inc CAG Conagra Brands Inc CIVI Civitas Resources Inc CL Colgate-Palmolive Co COLM Columbia Sportswear COO Cooper Cos DTE DTE Energy DVN Devon Energy EIX Edison Intl GO Grocery Outlet Holding Corp HELE Helen Of Troy Ltd JNJ Johnson & Johnson KMB Kimberly-Clark Corp KMPR Kemper Corp. LNT Alliant Energy Corporation NEE NextEra Energy Inc NOV NOV Inc ORLY O'Reilly Automotive, Inc. PG Procter & Gamble Co PNW Pinnacle West Cap Corp RGLD Royal Gold Inc V Visa Inc VAL Valaris Ltd WFC Wells Fargo & Company WMT Walmart Inc XOM Exxon Mobil
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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