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Leading Pullback Setups For January 10
http://www.tigersharktrading.com/articles/46291/1/Leading-Pullback-Setups-For-January-10/Page1.html
By Pullback Trader
Published on 01/9/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 10

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

ADNT Adient plc
AIG Amer Intl Grp
ALB Albemarle Corp
ALLY Ally Finl Inc
AMT American Tower Corp
BMY Bristol-Myers SQUIBB
CB The Chubb Corp
CBRE CBRE Grp, Inc.
CC The Chemours Company
CE Celanese Corporation
CF CF Industries Hldgs Inc
CHRW C.H. Robinson Worldwide Inc
CNO CNO Finl Grp, Inc.
D Dominion Energy Inc
DOW Dow Inc
EBAY eBay Inc
EXPD Expeditors Intl of Washington
GLPI Gaming and Leisure Pptys Inc
GRMN Garmin Ltd
HIG Hartford Finl Svcs Grp
HOG Harley-Davidson
HRB Block (H&R)
LHX L3Harris Technologies Inc
LYB LyondellBasell Ind N.V.
NUE Nucor Corp
OPCH Option Care Health Inc
ORI Old Republic Intl Corp
OTIS Otis WorldWide Corp W
PNW Pinnacle West Cap Corp
PSA Pub Storage
RHI Robert Half Inc
UNM Unum Grp
UNP Union Pacific Corp
VOYA Voya Finl Inc
VTR Ventas Inc
VZ Verizon Communications
WDC Western Digital
WOLF Wolfspeed Inc
WRB W R Berkley Corp
XEL Xcel Energy

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
AR Antero Resources Corp
CDAY Ceridian HCM Holding Inc
COLM Columbia Sportswear
CTRA Coterra Energy Inc
DTM DT Midstream Inc
FCN FTI Consulting
MANH Manhattan Associates
OLLI Ollies Bargain Outlet Hldgs
SNPS Synopsys Inc
TDC Teradata Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.