Leading Pullback Setups For April 17 |
By Pullback Trader |
Published
04/16/2024
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Stocks
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Unrated
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Leading Pullback Setups For April 17
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
AEO American Eagle Outfitters Inc CFG Citizens Finl Grp Inc COF Cap One Finl CRH CRH Plc ADS CSX CSX Corp DOW Dow Inc ELAN Elanco Animal Health Inc EPD Enterprise Products Partners ET Energy Transfer L.P. FI Fiserv Inc FTNT Fortinet Inc HAL Halliburton Co HD Home Depot Inc HPE Hewlett-Packard Enterprise Co IP Intl Paper JPM JPMorgan Chase & Co MET Metlife Inc MPLX MPLX LP NU NU Holdings Ltd/Cayman Islands PAA Plains All American Pipeline PAGS Pagseguro Digital Ltd PPL PPL Corp ROIV Roivant Sciences Ltd T AT&T Inc TEVA Teva Pharm Indus ADR TFC Truist Financial Corp TGT Target Corp UNP Union Pacific Corp VTRS Viatris Inc WU Western Union 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
ETSY Etsy Inc HRB Block (H&R) LW Lamb Weston Hldgs Inc MMS Maximus Inc NKE Nike Inc Cl B OPCH Option Care Health Inc PG Procter & Gamble Co POST Post Hldg Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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