Leading Pullback Setups For February 9 |
By Pullback Trader |
Published
02/8/2024
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Stocks
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Unrated
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Leading Pullback Setups For February 9
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 AMGN Amgen Inc CB The Chubb Corp DE Deere & Co DHR Danaher Corp DOV Dover Corp DOW Dow Inc EL Lauder (Estee) Co ESNT Essent Grp Ltd FAST Fastenal Co HCA HCA Healthcare Inc HOLX Hologic Inc KO Coca-Cola Co L Loews Corp LIN Linde PLC MDT Medtronic plc NRG NRG Energy Inc OTIS Otis WorldWide Corp W RMD Resmed Inc SJM Smucker (J.M.) SYK Stryker Corp SYY Sysco Corp TMO Thermo Fisher Scientific Inc TMUS T-Mobile US Inc TSCO Tractor Supply UNP Union Pacific Corp VST Vistra Corp VZ Verizon Communications WDC Western Digital WRB W R Berkley Corp
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
AA Alcoa Corp BEN Franklin Res Inc CGNX Cognex Corp CTRA Coterra Energy Inc CUZ Cousins Properties CZR Caesars Entertainment Corp DD DuPont de Nemours Inc DVN Devon Energy EOG EOG Resources GPS Gap Inc HAL Halliburton Co IP Intl Paper JCI Johnson Controls Intl Plc MCHP Microchip Tech OKE Oneok Inc OVV Ovintiv Inc OXY Occidental Petro Corp PNM PNM Resources Inc REXR Rexford Industrial Realty Inc ROK Rockwell Automation SWKS Skyworks Solutions TER Teradyne Inc TSLA Tesla Inc TXN Texas Instruments UPS United Parcel Service Inc USB US Bancorp VTR Ventas Inc WOLF Wolfspeed Inc WY Weyerhaeuser Co ZION Zions Bancorp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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