Leading Pullback Setups For January 3 |
By Pullback Trader |
Published
01/2/2024
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Stocks
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Unrated
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Leading Pullback Setups For January 3
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 ADI Analog Devices AMAT Applied Materials AMD Advanced Micro Devices Inc AMZN Amazon.com Inc AVGO Broadcom Inc BA Boeing Co BX Blackstone Inc CARR Carrier Global Corp CG The Carlyle Grp Inc CRM Salesforce Inc CTSH Cognizant Tech Solutions'A' EQH Equitable Holdings Inc EW Edwards Lifesciences Corp EXPE Expedia Grp Inc FAST Fastenal Co FTNT Fortinet Inc GE General Electric Co GOOGL Alphabet Inc Cl A IBM Intl Business Machines Corp INTC Intel Corp LOW Lowe's Cos, Inc LUV Southwest Airlines Co MCHP Microchip Tech META Meta Platforms Inc MU Micron Tech NEM Newmont Corp NFLX Netflix Inc NRG NRG Energy Inc NXPI NXP Semiconductors N.V. ON ON Semiconductor Corp PANW Palo Alto Networks Inc QCOM Qualcomm Inc RCL Royal Caribbean Cruises TSLA Tesla Inc UAL United Airlines Hldgs Inc UBER Uber Technologies Inc V Visa Inc VST Vistra Corp WDC Western Digital
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 ADM Archer-Daniels-Midland AEE Ameren Corp AJG Gallagher (Arthur J.) CNX Consol Energy Inc DTM DT Midstream Inc EG Everest Group Ltd EXC Exelon Corp HUM Humana Inc LNTH Lantheus Hldgs Inc MMC Marsh & McLennan Companies Inc NFG Natl Fuel Gas NOC Northrop Grumman PBF PBF Energy Inc Cl A PDCO Patterson Companies PEG Pub Svc Enterprises Gr Incorp PG Procter & Gamble Co PNW Pinnacle West Cap Corp PXD Pioneer Natural Resources RNR RenaissanceRe Hldg SIGI Selective Insurance Gr UTHR United Therapeutics XOM Exxon Mobil
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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