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Leading Pullback Setups For January 11
http://www.tigersharktrading.com/articles/46297/1/Leading-Pullback-Setups-For-January-11/Page1.html
By Pullback Trader
Published on 01/10/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 11

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

AEP Amer Electric Pwr
ALLY Ally Finl Inc
AMGN Amgen Inc
AMT American Tower Corp
AXP American Express Co
BBWI Bath & Body Works Inc
C Citigrp Inc
CBRE CBRE Grp, Inc.
CUBE CubeSmart
CVS CVS Health Corp
D Dominion Energy Inc
DAR Darling Ingredients Inc
DHR Danaher Corp
DOW Dow Inc
EL Lauder (Estee) Co
FYBR Frontier Communications Parent
GPK Graphic Packaging Hldg Co
K Kellanova
LULU Lululemon Athletica Inc
LVS Las Vegas Sands Corp
MGM MGM Resorts Intl
MPC Marathon Petro Corp
MRNA Moderna Inc
MS Morgan Stanley
MU Micron Tech
NRG NRG Energy Inc
NTRS Northern Trust
ON ON Semiconductor Corp
OPCH Option Care Health Inc
PSTG Pure Storage Inc Cl A
PSX Phillips 66
SCHW Charles Schwab Corp (The)
SRE Sempra Energy
ST Sensata Technologies Hldg N.V.
STT State Street Corp
SYF Synchrony Finl
TSCO Tractor Supply
WBA Walgreen Boots Alliance Inc
WYNN Wynn Resorts Ltd
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

AAPL Apple Inc
ADBE Adobe Inc
AJG Gallagher (Arthur J.)
AON Aon Plc / Ireland
ATR AptarGrp Inc
CDNS Cadence Design Systems
COLM Columbia Sportswear
CPRT Copart Inc
FCFS FirstCash Holdings, Inc. Commo
FDX FedEx Corp
LNW Light & Wonder Inc
MANH Manhattan Associates
MMC Marsh & McLennan Companies Inc
MTN Vail Resorts
NKE Nike Inc Cl B
OLLI Ollies Bargain Outlet Hldgs
ORLY O'Reilly Automotive, Inc.
SNPS Synopsys Inc
TDC Teradata Corp
VRSN Verisign Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.