Leading Pullback Setups For January 2 |
By Pullback Trader |
Published
12/29/2023
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Stocks
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Unrated
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Leading Pullback Setups For January 2
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
AA Alcoa Corp AAPL Apple Inc ABNB Airbnb Inc ALB Albemarle Corp AMAT Applied Materials AMZN Amazon.com Inc BEN Franklin Res Inc CAT Caterpillar Inc CELH Celsius Hldg Inc CMCSA Comcast Cl A CRM Salesforce Inc CVX Chevron Corporation DAL Delta Airlines Inc DOW Dow Inc ENPH Enphase Energy Inc FAST Fastenal Co FTNT Fortinet Inc INTC Intel Corp IPG Interpub Grp Cos KIM Kimco Realty Corp MCHP Microchip Tech META Meta Platforms Inc MOS The Mosaic Co (New) MU Micron Tech NCLH Norwegian Cruise Line Hldg NFLX Netflix Inc NVST Envista Holdings Corp OKE Oneok Inc ON ON Semiconductor Corp PANW Palo Alto Networks Inc QCOM Qualcomm Inc TPR Tapestry Inc TSLA Tesla Inc UAL United Airlines Hldgs Inc UBER Uber Technologies Inc USB US Bancorp VLO Valero Energy VNO Vornado Realty Trust WOLF Wolfspeed Inc WRK Westrock Co
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 AEE Ameren Corp AJG Gallagher (Arthur J.) BMY Bristol-Myers SQUIBB EG Everest Group Ltd HSY The Hershey Co NOC Northrop Grumman ORLY O'Reilly Automotive, Inc. PEG Pub Svc Enterprises Gr Incorp PG Procter & Gamble Co RNR RenaissanceRe Hldg SBUX Starbucks Corp UNH UnitedHealth Grp Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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