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Leading Pullback Setups For January 5
http://www.tigersharktrading.com/articles/46273/1/Leading-Pullback-Setups-For-January-5/Page1.html
By Pullback Trader
Published on 01/4/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 5

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

ACN Accenture PLC (Ireland) NEW
AFL AFLAC Inc
ALB Albemarle Corp
AMZN Amazon.com Inc
AVGO Broadcom Inc
CGNX Cognex Corp
CMCSA Comcast Cl A
CPB Campbell Soup
CRM Salesforce Inc
CTVA Corteva Inc W*
DLTR Dollar Tree Inc
EBAY eBay Inc
ENPH Enphase Energy Inc
ETSY Etsy Inc
EXPE Expedia Grp Inc
FMC FMC Corp
FYBR Frontier Communications Parent
GIS Genl Mills
GOOGL Alphabet Inc Cl A
GPS Gap Inc
HRL Hormel Foods Corp
K Kellanova
KHC The Kraft Heinz Company
KNX Knight-Swift Trasportation Hld
KR Kroger Co
LOW Lowe's Cos, Inc
MCD McDonald's Corp
MKC Mccormick & Co
MSFT Microsoft Corp
OPCH Option Care Health Inc
PCAR PACCAR Inc
PENN PENN Entertainment, Inc
PEP Pepsico Inc
TSN Tyson Foods 'A'
VICI Vici Pptys Inc
VTR Ventas Inc
WDC Western Digital
WELL Welltower OP Inc
WY Weyerhaeuser Co
YETI YETI Holdings 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

EG Everest Group Ltd
LNTH Lantheus Hldgs Inc
SIGI Selective Insurance Gr
UTHR United Therapeutics

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.