Leading Pullback Setups For January 4 |
By Pullback Trader |
Published
01/3/2024
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Stocks
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Unrated
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Leading Pullback Setups For January 4
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 AMAT Applied Materials AMD Advanced Micro Devices Inc AMZN Amazon.com Inc BA Boeing Co BEN Franklin Res Inc BX Blackstone Inc CMCSA Comcast Cl A CRM Salesforce Inc CZR Caesars Entertainment Corp DAL Delta Airlines Inc DOW Dow Inc ENPH Enphase Energy Inc EQH Equitable Holdings Inc ETSY Etsy Inc EXPE Expedia Grp Inc FAST Fastenal Co FI Fiserv Inc GE General Electric Co HD Home Depot Inc IBM Intl Business Machines Corp ICE Intercontinental Exchange Grp INTC Intel Corp JCI Johnson Controls Intl Plc KIM Kimco Realty Corp LUV Southwest Airlines Co MCHP Microchip Tech ON ON Semiconductor Corp PENN PENN Entertainment, Inc PYPL PayPal Hldgs Inc QCOM Qualcomm Inc RCL Royal Caribbean Cruises TJX TJX Companies TSLA Tesla Inc TXN Texas Instruments UAL United Airlines Hldgs Inc USB US Bancorp V Visa Inc VNO Vornado Realty Trust WFC Wells Fargo & Company
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
AMLX Amylyx Pharmaceuticals Inc BCE BCE Inc EVRG Evergy Inc PEP Pepsico Inc PFE Pfizer Inc PRGO Perrigo Co plc SJM Smucker (J.M.) UL Unilever PLC WEC WEC Energy Group Inc YUMC Yum China Hldgs Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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