Leading Pullback Setups For January 11 |
By Pullback Trader |
Published
01/10/2024
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Stocks
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Unrated
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Leading Pullback Setups For January 11
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
AEP Amer Electric Pwr ALLY Ally Finl Inc AMGN Amgen Inc AMT American Tower Corp AXP American Express Co BBWI Bath & Body Works Inc C Citigrp Inc CBRE CBRE Grp, Inc. CUBE CubeSmart CVS CVS Health Corp D Dominion Energy Inc DAR Darling Ingredients Inc DHR Danaher Corp DOW Dow Inc EL Lauder (Estee) Co FYBR Frontier Communications Parent GPK Graphic Packaging Hldg Co K Kellanova LULU Lululemon Athletica Inc LVS Las Vegas Sands Corp MGM MGM Resorts Intl MPC Marathon Petro Corp MRNA Moderna Inc MS Morgan Stanley MU Micron Tech NRG NRG Energy Inc NTRS Northern Trust ON ON Semiconductor Corp OPCH Option Care Health Inc PSTG Pure Storage Inc Cl A PSX Phillips 66 SCHW Charles Schwab Corp (The) SRE Sempra Energy ST Sensata Technologies Hldg N.V. STT State Street Corp SYF Synchrony Finl TSCO Tractor Supply WBA Walgreen Boots Alliance Inc WYNN Wynn Resorts Ltd XEL Xcel Energy
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
AAPL Apple Inc ADBE Adobe Inc AJG Gallagher (Arthur J.) AON Aon Plc / Ireland ATR AptarGrp Inc CDNS Cadence Design Systems COLM Columbia Sportswear CPRT Copart Inc FCFS FirstCash Holdings, Inc. Commo FDX FedEx Corp LNW Light & Wonder Inc MANH Manhattan Associates MMC Marsh & McLennan Companies Inc MTN Vail Resorts NKE Nike Inc Cl B OLLI Ollies Bargain Outlet Hldgs ORLY O'Reilly Automotive, Inc. SNPS Synopsys Inc TDC Teradata Corp VRSN Verisign Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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