Leading Pullback Setups For January 9 |
By Pullback Trader |
Published
01/8/2024
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Stocks
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Unrated
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Leading Pullback Setups For January 9
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
AIG Amer Intl Grp AIZ Assurant Inc AVY Avery Dennison Corp BMY Bristol-Myers SQUIBB CAH Cardinal Health Inc CB The Chubb Corp CF CF Industries Hldgs Inc CTVA Corteva Inc W* CW Curtiss-Wright DCI Donaldson Co GL Globe Life Inc HON Honeywell Intl HXL Hexcel Corp IEX Idex Corp ITW Illinois Tool Works KEX Kirby Corp QDEL Quidel Corp RLI RLI Corp UNM Unum Grp WEC WEC Energy Group Inc WSO Watsco, 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
ADBE Adobe Inc AEE Ameren Corp AJG Gallagher (Arthur J.) DLB Dolby Laboratories Inc EG Everest Group Ltd EXC Exelon Corp FCFS FirstCash Holdings, Inc. Commo FDX FedEx Corp HAE Haemonetics Corp MTN Vail Resorts ODFL Old Dominion Freight Line ORCL Oracle Corp PEG Pub Svc Enterprises Gr Incorp TDC Teradata Corp XPO XPO Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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