Leading Pullback Setups For February 22 |
By Pullback Trader |
Published
02/21/2024
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Stocks
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Unrated
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Leading Pullback Setups For February 22
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
ABBV AbbVie Inc ACGL Arch Cap Grp ALL Allstate Corp ANET Arista Networks BALL Ball Corp BSX Boston Scientific Corporation CBRE CBRE Grp, Inc. CELH Celsius Hldg Inc CMC Commercial Metals COST Costco Wholesale Corp DAY Dayforce Inc DIS Disney (Walt) Co DOCS Doximity Inc IBM Intl Business Machines Corp INTU Intuit Inc J Jacobs Solutions Inc LYV Live Nation Entertainment, Inc NFLX Netflix Inc NVDA Nvidia Corp PSTG Pure Storage Inc Cl A RMD Resmed Inc RTX RTX Corp SF Stifel Finl SFM Sprouts Farmers Mkts Inc STAG Stag Industrial Inc SYK Stryker Corp TKO TKO Group Holdings Inc TSCO Tractor Supply VRTX Vertex Pharmaceuticals WSM Williams-Sonoma
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
AEE Ameren Corp CNP Centerpoint Energy CPB Campbell Soup CSCO Cisco Systems CSGP Costar Grp DD DuPont de Nemours Inc DUK Duke Energy Corporation EIX Edison Intl FCX Freeport-McMoRan Inc GILD Gilead Sciences INCY Incyte Corp INVH Invitation Homes Inc KHC The Kraft Heinz Company LNT Alliant Energy Corporation MCHP Microchip Tech MU Micron Tech NDAQ NASDAQ Inc NEE NextEra Energy Inc NKE Nike Inc Cl B NNN NNN REIT Inc OGE OGE Energy Corp PM Philip Morris Intl Inc QDEL Quidel Corp SLB Schlumberger Ltd SRE Sempra Energy ST Sensata Technologies Hldg N.V. TXN Texas Instruments UDR UDR Inc WMB Williams Companies XEL Xcel Energy
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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