Leading Pullback Setups For February 2 |
By Pullback Trader |
Published
02/1/2024
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Stocks
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Unrated
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Leading Pullback Setups For February 2
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 ADI Analog Devices AIG Amer Intl Grp ASB Associated Banc-Corp BAC Bank of America Corporation BX Blackstone Inc COF Cap One Finl CROX Crocs Inc DOW Dow Inc EQH Equitable Holdings Inc FITB Fifth Third Bancorp GLW Corning Inc GS Goldman Sachs Grp HOLX Hologic Inc MRNA Moderna Inc MS Morgan Stanley MU Micron Tech NDAQ NASDAQ Inc NUE Nucor Corp PBF PBF Energy Inc Cl A PRU Prudential Finl PXD Pioneer Natural Resources SNV Synovus Finl Corp SYF Synchrony Finl TFC Truist Financial Corp UNM Unum Grp VLO Valero Energy WFC Wells Fargo & Company XOM Exxon Mobil XRAY Dentsply Sirona 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
ADM Archer-Daniels-Midland CALX Calix Inc CCI Crown Castle Inc CNP Centerpoint Energy D Dominion Energy Inc DTE DTE Energy HXL Hexcel Corp LOPE Grand Canyon Education Inc NARI Inari Medical Inc NEM Newmont Corp OGE OGE Energy Corp PM Philip Morris Intl Inc POR Portland General Electric Co PPL PPL Corp SBAC SBA Communications'A' XEL Xcel Energy
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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