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Leading Pullback Setups For January 9
http://www.tigersharktrading.com/articles/46286/1/Leading-Pullback-Setups-For-January-9/Page1.html
By Pullback Trader
Published on 01/8/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 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

AIG Amer Intl Grp
AIZ Assurant Inc
AVY Avery Dennison Corp
BMY Bristol-Myers SQUIBB
CAH Cardinal Health Inc
CB The Chubb Corp
CF CF Industries Hldgs Inc
CTVA Corteva Inc W*
CW Curtiss-Wright
DCI Donaldson Co
GL Globe Life Inc
HON Honeywell Intl
HXL Hexcel Corp
IEX Idex Corp
ITW Illinois Tool Works
KEX Kirby Corp
QDEL Quidel Corp
RLI RLI Corp
UNM Unum Grp
WEC WEC Energy Group Inc
WSO Watsco, 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

ADBE Adobe Inc
AEE Ameren Corp
AJG Gallagher (Arthur J.)
DLB Dolby Laboratories Inc
EG Everest Group Ltd
EXC Exelon Corp
FCFS FirstCash Holdings, Inc. Commo
FDX FedEx Corp
HAE Haemonetics Corp
MTN Vail Resorts
ODFL Old Dominion Freight Line
ORCL Oracle Corp
PEG Pub Svc Enterprises Gr Incorp
TDC Teradata Corp
XPO XPO Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.