Leading Pullback Setups For February 1 |
By Pullback Trader |
Published
01/31/2024
|
Stocks
|
Unrated
|
|
Leading Pullback Setups For February 1
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
ABNB Airbnb Inc ADI Analog Devices AMZN Amazon.com Inc BX Blackstone Inc BXP Boston Properties CMA Comerica Inc CSCO Cisco Systems DLR Digital Realty Trust Inc FITB Fifth Third Bancorp GEN Gen Digital Inc GPK Graphic Packaging Hldg Co IBM Intl Business Machines Corp IPG Interpub Grp Cos LUV Southwest Airlines Co LVS Las Vegas Sands Corp NRG NRG Energy Inc NWSA News Corp Cl A ORCL Oracle Corp PKG Packaging Corp America PRGO Perrigo Co plc PSTG Pure Storage Inc Cl A PYPL PayPal Hldgs Inc SPG Simon Ppty Grp STX Seagate Technology Holdings PL TMUS T-Mobile US Inc TTC The Toro Co UAL United Airlines Hldgs Inc UBER Uber Technologies Inc WDC Western Digital ZION Zions Bancorp
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
AJG Gallagher (Arthur J.) CVS CVS Health Corp LOPE Grand Canyon Education Inc MMC Marsh & McLennan Companies Inc NOC Northrop Grumman UNH UnitedHealth Grp Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|