Leading Pullback Setups For February 16 |
By Pullback Trader |
Published
02/15/2024
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Stocks
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Unrated
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Leading Pullback Setups For February 16
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
AN AutoNation Inc ATR AptarGrp Inc BRBR Bellring Brands Inc BYD Boyd Gaming ECL Ecolab Inc GOOG Alphabet Inc Cl C Cap Stock GOOGL Alphabet Inc Cl A KNX Knight-Swift Trasportation Hld OHI Omega Healthcare Investors Inc OLLI Ollies Bargain Outlet Hldgs ORCL Oracle Corp PANW Palo Alto Networks 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
AA Alcoa Corp ALB Albemarle Corp APA APA Corp BMY Bristol-Myers SQUIBB CFG Citizens Finl Grp Inc CGNX Cognex Corp CNP Centerpoint Energy D Dominion Energy Inc DVN Devon Energy EQT EQT Corp EXC Exelon Corp FCX Freeport-McMoRan Inc FITB Fifth Third Bancorp HAL Halliburton Co HPQ HP Inc MOS The Mosaic Co (New) MRO Marathon Oil Corp MS Morgan Stanley NEE NextEra Energy Inc NEM Newmont Corp NI Nisource Inc PFE Pfizer Inc PPL PPL Corp PYPL PayPal Hldgs Inc SCHW Charles Schwab Corp SLB Schlumberger Ltd TFC Truist Financial Corp TSLA Tesla Inc USB US Bancorp XRAY Dentsply Sirona Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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