Leading Pullback Setups For April 2 |
By Pullback Trader |
Published
04/1/2024
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Stocks
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Unrated
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Leading Pullback Setups For April 2
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
ABNB Airbnb Inc ADM Archer-Daniels-Midland AIG Amer Intl Grp APH Amphenol Corp A BSX Boston Scientific Corporation CELH Celsius Hldg Inc CL Colgate-Palmolive Co CNC Centene Corp FAST Fastenal Co FDX FedEx Corp GE General Electric Co IBM Intl Business Machines Corp KMX CarMax, Inc LLY Eli Lilly and Co LOW Lowe's Cos, Inc LYV Live Nation Entertainment, Inc MNST Monster Beverage Corporation MO Altria Grp MRK Merck & Co MRNA Moderna Inc NDAQ NASDAQ Inc NWSA News Corp Cl A PG Procter & Gamble Co PYPL PayPal Hldgs Inc STX Seagate Technology Holdings PL SYY Sysco Corp TSN Tyson Foods 'A' UBER Uber Technologies Inc WMT Walmart Inc WY Weyerhaeuser Co
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
CAR Avis Budget Grp CCK Crown Hldg CYTK Cytokinetics Inc DLTR Dollar Tree Inc EA Electronic Arts, Inc. HUM Humana Inc NOW ServiceNow Inc PLNT Planet Fitness Inc TTWO Take-Two Interactive Software VRTX Vertex Pharmaceuticals
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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