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Leading Pullback Setups For January 24
http://www.tigersharktrading.com/articles/46346/1/Leading-Pullback-Setups-For-January-24/Page1.html
By Pullback Trader
Published on 01/23/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 24

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

ABT Abbott Laboratories
ACGL Arch Cap Grp
AIRC Apartment Income
ANET Arista Networks
BBWI Bath & Body Works Inc
BLK Blackrock Inc'A'
BSX Boston Scientific Corporation
CG The Carlyle Grp Inc
CIEN Ciena Corp
COST Costco Wholesale Corp
CRM Salesforce Inc
CZR Caesars Entertainment Corp
EQR Equity Residential
ETN Eaton Corp
FHI Federated Hermes Inc
GDDY GoDaddy Inc
GEHC GE Healthcare Technologies
GM General Motors Co
GMED Globus Medical Inc
HD Home Depot Inc
IFF Intl Flavors/Fragr
ISRG Intuitive Surgical
JPM JPMorgan Chase & Co
LOW Lowe's Cos, Inc
LULU Lululemon Athletica Inc
MHK Mohawk Indus
NNN NNN REIT Inc
OKE Oneok Inc
PSTG Pure Storage Inc Cl A
RCL Royal Caribbean Cruises
SFM Sprouts Farmers Mkts Inc
SKX Skechers U.S.A. Cl'A'
SYK Stryker Corp
TFC Truist Financial Corp
THC Tenet Healthcare
TMUS T-Mobile US Inc
UBER Uber Technologies Inc
USFD US Foods Hldg Corp
VST Vistra Corp
ZTS Zoetis 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

APTV Aptiv PLC
BF.B Brown-Forman Corp Cl B
BKH Black Hills Corp
BKR Baker Hughes a GE Co Cl A
CF CF Industries Hldgs Inc
CGNX Cognex Corp
CHTR Charter Communications Inc
CIVI Civitas Resources Inc
CTRA Coterra Energy Inc
DLB Dolby Laboratories Inc
DVN Devon Energy
ELV Elevance Health Inc
GIS Genl Mills
HAL Halliburton Co
JAZZ Jazz Pharmaceuticals plc
LEG Leggett & Platt
LOPE Grand Canyon Education Inc
MRO Marathon Oil Corp
NEM Newmont Corp
NJR New Jersey Resources
NWE NorthWestern Energy Group, Inc
OGS ONE Gas Inc
OVV Ovintiv Inc
PENN PENN Entertainment, Inc
PXD Pioneer Natural Resources
SR Spire Inc
UNH UnitedHealth Grp Inc
WOLF Wolfspeed Inc
XOM Exxon Mobil

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.