Leading Pullback Setups For October 23 |
By Pullback Trader |
Published
10/20/2023
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Stocks
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Unrated
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Leading Pullback Setups For October 23
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
ACGL Arch Cap Grp ADBE Adobe Inc AFL AFLAC Inc ALL Allstate Corp AMGN Amgen Inc AR Antero Resources Corp CAH Cardinal Health Inc CB The Chubb Corp CDNS Cadence Design Systems CEG Constellation Energy Corp CTRA Coterra Energy Inc EA Electronic Arts, Inc. EQT EQT Corp FANG Diamondback Energy Inc FAST Fastenal Co GD General Dynamics Corp GDDY GoDaddy Inc GILD Gilead Sciences GOOGL Alphabet Inc Cl A HAL Halliburton Co JBL Jabil Inc LHX L3Harris Technologies Inc LULU Lululemon Athletica Inc META Meta Platforms Inc MPC Marathon Petro Corp MSFT Microsoft Corp NKE Nike Inc Cl B NRG NRG Energy Inc NWSA News Corp Cl A OKE Oneok Inc OVV Ovintiv Inc PANW Palo Alto Networks Inc PGR The Progressive Corp RRC Range Resources STX Seagate Technology Holdings PL UNH UnitedHealth Grp Inc VRTX Vertex Pharmaceuticals WELL Welltower OP Inc WMB Williams Companies XEL Xcel Energy
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
ABT Abbott Laboratories CHRW C.H. Robinson Worldwide Inc DGX Quest Diagnostics FMC FMC Corp GIS Genl Mills JNJ Johnson & Johnson KO Coca-Cola Co MASI Masimo Corp RMD Resmed Inc WAT Waters Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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