Leading Pullback Setups For April 18 |
By Pullback Trader |
Published
04/17/2024
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Stocks
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Unrated
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Leading Pullback Setups For April 18
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
AVTR Avantor Inc BRO Brown & Brown BROS Dutch Bros Inc CI The Cigna Group CPRT Copart Inc CRH CRH Plc ADS CSX CSX Corp DINO HF Sinclair Corp DOW Dow Inc ELAN Elanco Animal Health Inc EMR Emerson Electric Co ESI Element Solutions Inc FTV Fortive Corp GPK Graphic Packaging Hldg Co HAL Halliburton Co HAYW Hayward Hldgs Inc HOG Harley-Davidson IR Ingersoll-Rand Plc JPM JPMorgan Chase & Co LNC Lincoln Natl Corp MET Metlife Inc NU NU Holdings Ltd/Cayman Islands PAGS Pagseguro Digital Ltd PCAR PACCAR Inc PNR Pentair Plc PRU Prudential Finl RLJ RLJ Lodging Trust UNP Union Pacific Corp USB US Bancorp WYNN Wynn Resorts Ltd
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
ABBV AbbVie Inc ALGM Allegro MicroSystems Inc ELS Equity Lifestyle Properties LULU Lululemon Athletica Inc LUV Southwest Airlines Co MDLZ Mondelez Int'l Inc Cl A NKE Nike Inc Cl B PG Procter & Gamble Co PM Philip Morris Intl Inc SBUX Starbucks Corp TSCO Tractor Supply UNH UnitedHealth Grp Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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