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Leading Pullback Setups For January 26
http://www.tigersharktrading.com/articles/46358/1/Leading-Pullback-Setups-For-January-26/Page1.html
By Pullback Trader
Published on 01/25/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 26

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

AAPL Apple Inc
ACGL Arch Cap Grp
ADP Automatic Data Proc
ADSK Autodesk, Inc
AIRC Apartment Income
AJG Gallagher (Arthur J.)
BRO Brown & Brown
CBSH Commerce BancShs Inc
CDAY Ceridian HCM Holding Inc
CDNS Cadence Design Systems
COST Costco Wholesale Corp
CPT Camden Ppty Trust
DHR Danaher Corp
DT Dynatrace Holdings LLC
EXLS ExlService Hldgs Inc
GBCI Glacier Bancorp
GMED Globus Medical Inc
HOMB Home BancShs Inc
HWM Howmet Aerospace Inc
LSCC Lattice Semiconductor
LULU Lululemon Athletica Inc
LW Lamb Weston Hldgs Inc
MAA Mid-Amer Apt Communities, Inc.
MCHP Microchip Tech
NXPI NXP Semiconductors N.V.
OZK Bank OZK
PANW Palo Alto Networks Inc
PII Polaris Inc
PLNT Planet Fitness Inc
PODD Insulet Corporation
PYPL PayPal Hldgs Inc
ROL Rollins Inc
SNPS Synopsys Inc
SSB SouthState Corp
SWKS Skyworks Solutions
TER Teradyne Inc
TMO Thermo Fisher Scientific Inc
TXN Texas Instruments
UDR UDR 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

APA APA Corp
BF.B Brown-Forman Corp Cl B
BWA Borg Warner
CAR Avis Budget Grp
CHK Chesapeake Energy Corp
CIVI Civitas Resources Inc
CME CME Grp Inc
COP ConocoPhillips
DTM DT Midstream Inc
DVN Devon Energy
EOG EOG Resources
ES Eversource Energy
FDX FedEx Corp
FIVE Five Below Inc
LEG Leggett & Platt
MRO Marathon Oil Corp
MTDR Matador Resources Co
OVV Ovintiv Inc
OXY Occidental Petro Corp
WMB Williams Companies

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.