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Leading Pullback Setups For January 30
http://www.tigersharktrading.com/articles/46370/1/Leading-Pullback-Setups-For-January-30/Page1.html
By Pullback Trader
Published on 01/29/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 30

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
AFL AFLAC Inc
AIZ Assurant Inc
ALL Allstate Corp
AVY Avery Dennison Corp
CBOE CBOE Glbl Mkts Inc
CNO CNO Finl Grp, Inc.
DKS Dick's Sporting Goods
EXPD Expeditors Intl of Washington
FANG Diamondback Energy Inc
FND Floor & Decor Hldgs Inc
IBM Intl Business Machines Corp
IP Intl Paper
NDAQ NASDAQ Inc
ORCL Oracle Corp
PCAR PACCAR Inc
PKG Packaging Corp America
PSA Pub Storage
QCOM Qualcomm Inc
RJF Raymond James Finl
RTX RTX Corp
SCI Service Corporation Intl
SLGN Silgan Hldg
SPG Simon Ppty Grp
STX Seagate Technology Holdings PL
TKO TKO Group Holdings Inc
UAL United Airlines Hldgs Inc
UPS United Parcel Service Inc
VAC Marriott Vacations WorldWide
WSM Williams-Sonoma

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

ADC Agree Realty
AWK American Water Works Co Inc
CMS CMS Energy
CNP Centerpoint Energy
CVS CVS Health Corp
DAR Darling Ingredients Inc
DVN Devon Energy
ED Consolidated Edison
EIX Edison Intl
EQR Equity Residential
ETR Entergy Corp
ETSY Etsy Inc
EVRG Evergy Inc
EXC Exelon Corp
FE FirstEnergy Corp
LEG Leggett & Platt
LNT Alliant Energy Corporation
LNTH Lantheus Hldgs Inc
MNST Monster Beverage Corporation
MUR Murphy Oil Corp
NI Nisource Inc
NKE Nike Inc Cl B
OGE OGE Energy Corp
PEG Pub Svc Enterprises Gr Incorp
SBUX Starbucks Corp
SRE Sempra Energy
TSLA Tesla Inc
UNH UnitedHealth Grp Inc
WEC WEC Energy Group Inc
XEL Xcel Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.