Leading Pullback Setups For May 9 |
By Pullback Trader |
Published
05/8/2024
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Stocks
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Unrated
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Leading Pullback Setups For May 9
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 ALE Allete Inc CHK Chesapeake Energy Corp CNX Consol Energy Inc CPT Camden Ppty Trust DLR Digital Realty Trust Inc EQR Equity Residential EQT EQT Corp FYBR Frontier Communications Parent HAE Haemonetics Corp HES Hess Corporation HST Host Hotels & Resorts Inc KBR KBR Inc LNTH Lantheus Hldgs Inc ORCL Oracle Corp OVV Ovintiv Inc OXY Occidental Petro Corp PHM PulteGrp, Inc PWR Quanta Svcs PYPL PayPal Hldgs Inc ROIV Roivant Sciences Ltd TOL Toll Brothers UDR UDR Inc WM Waste Mgt Inc WPC W P Carey 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 AKAM Akamai Technologies APA APA Corp BA Boeing Co CHTR Charter Communications Inc CMCSA Comcast Cl A CME CME Grp Inc CRM Salesforce Inc CSCO Cisco Systems CSX CSX Corp CTSH Cognizant Tech Solutions'A' EXPD Expeditors Intl of Washington GL Globe Life Inc HSIC Henry Schein Inc IBM Intl Business Machines Corp IR Ingersoll-Rand Plc KNX Knight-Swift Trasportation Hld MA Mastercard Inc MET Metlife Inc META Meta Platforms Inc OTIS Otis WorldWide Corp W PCAR PACCAR Inc PSX Phillips 66 SCI Service Corporation Intl YUM Yum! Brands Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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