Leading Pullback Setups For December 29 |
By Pullback Trader |
Published
12/28/2023
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Stocks
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Unrated
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Leading Pullback Setups For December 29
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
ADBE Adobe Inc AMKR Amkor Tech AVGO Broadcom Inc BA Boeing Co BC Brunswick Corp CMC Commercial Metals COP ConocoPhillips CVX Chevron Corporation DBX Dropbox Inc DINO HF Sinclair Corp DT Dynatrace Holdings LLC DVN Devon Energy ENPH Enphase Energy Inc EXPD Expeditors Intl of Washington FAST Fastenal Co FND Floor & Decor Hldgs Inc GEHC GE Healthcare Technologies GOOGL Alphabet Inc Cl A HD Home Depot Inc HGV Hilton Grand Vacations Inc ITW Illinois Tool Works LRCX Lam Research LYB LyondellBasell Ind N.V. MU Micron Tech NEM Newmont Corp NTAP NetApp Inc NUE Nucor Corp NVST Envista Holdings Corp OLN Olin Corp ON ON Semiconductor Corp PANW Palo Alto Networks Inc PSX Phillips 66 SFM Sprouts Farmers Mkts Inc STLD Steel Dynamics TNL Travel + Leisure Co TTC The Toro Co VAL Valaris Ltd VLO Valero Energy WFRD Weatherford Intl plc WOLF Wolfspeed 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
ACGL Arch Cap Grp EG Everest Group Ltd EXC Exelon Corp HQY HealthEquity Inc HSY The Hershey Co JAZZ Jazz Pharmaceuticals plc KMB Kimberly-Clark Corp LNTH Lantheus Hldgs Inc NOC Northrop Grumman OHI Omega Healthcare Investors Inc ORCL Oracle Corp PFE Pfizer Inc PGR The Progressive Corp RNR RenaissanceRe Hldg SBUX Starbucks Corp UNH UnitedHealth Grp Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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