Leading Pullback Setups For February 7 |
By Pullback Trader |
Published
02/6/2024
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Stocks
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Unrated
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Leading Pullback Setups For February 7
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
ACN Accenture PLC (Ireland) NEW ADBE Adobe Inc AMD Advanced Micro Devices Inc AMGN Amgen Inc ANET Arista Networks C Citigrp Inc CL Colgate-Palmolive Co CMCSA Comcast Cl A DT Dynatrace Holdings LLC FI Fiserv Inc FTV Fortive Corp GPK Graphic Packaging Hldg Co HSY The Hershey Co IBM Intl Business Machines Corp ICE Intercontinental Exchange Grp KD Kyndryl Holdings Inc LEN Lennar Corp A MDLZ Mondelez Int'l Inc Cl A META Meta Platforms Inc MSFT Microsoft Corp MU Micron Tech NFLX Netflix Inc NRG NRG Energy Inc PHM PulteGrp, Inc PSTG Pure Storage Inc Cl A SFM Sprouts Farmers Mkts Inc TSN Tyson Foods 'A' VRTX Vertex Pharmaceuticals VZ Verizon Communications WFC Wells Fargo & Company
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
AFL AFLAC Inc AON Aon Plc / Ireland BHF Brighthouse Finl Inc BKR Baker Hughes a GE Co Cl A CHRD Chord Energy Corporation CHRW C.H. Robinson Worldwide Inc CNO CNO Finl Grp, Inc. CUBE CubeSmart EXEL Exelixis Inc GILD Gilead Sciences GRMN Garmin Ltd HXL Hexcel Corp INCY Incyte Corp IQV IQVIA Hldgs Inc LNTH Lantheus Hldgs Inc LNW Light & Wonder Inc LYB LyondellBasell Ind N.V. MET Metlife Inc MRO Marathon Oil Corp MTDR Matador Resources Co MUR Murphy Oil Corp NOC Northrop Grumman OXY Occidental Petro Corp PEG Pub Svc Enterprises Gr Incorp PENN PENN Entertainment, Inc PKG Packaging Corp America PODD Insulet Corporation TER Teradyne Inc WERN Werner Enterprises WFRD Weatherford Intl plc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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