Leading Pullback Setups For February 5 |
By Pullback Trader |
Published
02/2/2024
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Stocks
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Unrated
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Leading Pullback Setups For February 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
ABT Abbott Laboratories ACHC Acadia Healthcare Co, Inc ALLY Ally Finl Inc ASH Ashland Inc BIO Bio-Rad Labs Cl'A' CMC Commercial Metals CMCSA Comcast Cl A DPZ Domino's Pizza EXLS ExlService Hldgs Inc FBIN Fortune Brands Innovations Inc FYBR Frontier Communications Parent G GENPACT LIMITED GMED Globus Medical Inc HOLX Hologic Inc JKHY Henry(Jack) & Assoc KMPR Kemper Corp. LHX L3Harris Technologies Inc MTCH Match Group Inc NUE Nucor Corp OLN Olin Corp PXD Pioneer Natural Resources RCL Royal Caribbean Cruises RGA Reisnuran Grp Of America Inc SLGN Silgan Hldg VRTX Vertex Pharmaceuticals VVV Valvoline Inc VZ Verizon Communications WWD Woodward, Inc. XOM Exxon Mobil
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
AVT Avnet, Inc BC Brunswick Corp BG Bunge Global SA BKR Baker Hughes a GE Co Cl A CALX Calix Inc CASY Casey's Genl Stores CELH Celsius Hldg Inc CGNX Cognex Corp EBAY eBay Inc FDX FedEx Corp HUM Humana Inc HXL Hexcel Corp LNTH Lantheus Hldgs Inc LULU Lululemon Athletica Inc MAA Mid-Amer Apt Communities, Inc. NXPI NXP Semiconductors N.V. RHI Robert Half Inc ROK Rockwell Automation SNX TD SYNNEX Corp WSO Watsco, Inc ZBRA Zebra Technologies'A'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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