Leading Pullback Setups For May 7 |
By Pullback Trader |
Published
05/6/2024
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Stocks
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Unrated
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Leading Pullback Setups For May 7
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
CAG Conagra Brands Inc CHRW C.H. Robinson Worldwide Inc EPR EPR Properties FE FirstEnergy Corp GIS Genl Mills HAS Hasbro Inc HRL Hormel Foods Corp LNTH Lantheus Hldgs Inc MMM 3M Co RMD Resmed 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
ACN Accenture PLC (Ireland) NEW AMD Advanced Micro Devices Inc ANET Arista Networks APA APA Corp BRK.B Berkshire Hathaway'B' CELH Celsius Hldg Inc COHR Coherent Corp ENPH Enphase Energy Inc ETSY Etsy Inc FI Fiserv Inc GL Globe Life Inc GPS Gap Inc IBM Intl Business Machines Corp LUV Southwest Airlines Co MA Mastercard Inc MET Metlife Inc META Meta Platforms Inc MRO Marathon Oil Corp MTCH Match Group Inc NFLX Netflix Inc NWSA News Corp Cl A OKE Oneok Inc ORCL Oracle Corp PSX Phillips 66 ROST Ross Stores SMCI Super Micro Computer Inc UBER Uber Technologies Inc USB US Bancorp V Visa Inc WOLF Wolfspeed Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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