Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For January 29
http://www.tigersharktrading.com/articles/46364/1/Leading-Pullback-Setups-For-January-29/Page1.html
By Pullback Trader
Published on 01/26/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 29

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
ADI Analog Devices
ADP Automatic Data Proc
AMAT Applied Materials
AMKR Amkor Tech
ANSS Ansys Inc
AVGO Broadcom Inc
CALX Calix Inc
CBOE CBOE Glbl Mkts Inc
CDAY Ceridian HCM Holding Inc
CIEN Ciena Corp
COHR Coherent Corp
CPT Camden Ppty Trust
CUBE CubeSmart
DBX Dropbox Inc
DOCS Doximity Inc
DXCM DexCom Inc
FAST Fastenal Co
GS Goldman Sachs Grp
H Hyatt Hotels Corporation
KLAC KLA Corp
LRCX Lam Research
LUV Southwest Airlines Co
MAA Mid-Amer Apt Communities, Inc.
MCD McDonald's Corp
MCHP Microchip Tech
MKSI MKS Instruments
MSCI MSCI Inc
MSI Motorola Inc
NXPI NXP Semiconductors N.V.
ONTO Onto Innovation Inc
PSTG Pure Storage Inc Cl A
QCOM Qualcomm Inc
QRVO Qorvo Inc
RMBS Rambus Inc
SWKS Skyworks Solutions
TER Teradyne Inc
TKO TKO Group Holdings Inc
TXN Texas Instruments

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
APTV Aptiv PLC
ASH Ashland Inc
BP BP P.L.C. ADS
BWA Borg Warner
CHX ChampionX Corp
COP ConocoPhillips
CVE Cenovus Energy Inc
D Dominion Energy Inc
DTM DT Midstream Inc
DVN Devon Energy
EBAY eBay Inc
ED Consolidated Edison
EIX Edison Intl
ELS Equity Lifestyle Properties
EOG EOG Resources
ERF Enerplus Corp.
ETR Entergy Corp
GEHC GE Healthcare Technologies
HP Helmerich & Payne
HUN Huntsman Corporation
KMB Kimberly-Clark Corp
LNTH Lantheus Hldgs Inc
MGY Magnolia Oil & Gas
MRO Marathon Oil Corp
NFG Natl Fuel Gas
NKE Nike Inc Cl B
OLLI Ollies Bargain Outlet Hldgs
OXY Occidental Petro Corp
PEP Pepsico Inc
PNW Pinnacle West Cap Corp
PUK Prudential Plc ADS
RHI Robert Half Inc
SD SandRidge Energy Inc
SE Sea Ltd
SRE Sempra Energy
VFC VF Corp
WMB Williams Companies
XEL Xcel Energy
XOM Exxon Mobil

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.