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Leading Pullback Setups For January 31
http://www.tigersharktrading.com/articles/46377/1/Leading-Pullback-Setups-For-January-31/Page1.html
By Pullback Trader
Published on 01/30/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 31

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

AMD Advanced Micro Devices Inc
BLK Blackrock Inc'A'
CUBE CubeSmart
DG Dollar General Corporation
DLTR Dollar Tree Inc
DOCS Doximity Inc
DUK Duke Energy Corporation
EA Electronic Arts, Inc.
EBAY eBay Inc
IBKR Interactive Brokers Grp Inc
IP Intl Paper
JNJ Johnson & Johnson
KD Kyndryl Holdings Inc
KRC Kilroy Realty Corp
LRCX Lam Research
LVS Las Vegas Sands Corp
NSA Natl Storage Affiliates Tr
PLD Prologis Inc
PRGO Perrigo Co plc
QCOM Qualcomm Inc
SCI Service Corporation Intl
SPG Simon Ppty Grp
STX Seagate Technology Holdings PL
STZ Constellation Brands 'A'
SWKS Skyworks Solutions
UAL United Airlines Hldgs Inc
WRK Westrock Co

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

ADM Archer-Daniels-Midland
AEP Amer Electric Pwr
APA APA Corp
BG Bunge Global SA
CMS CMS Energy
CNC Centene Corp
CNP Centerpoint Energy
COLB Columbia Banking System Inc
D Dominion Energy Inc
DTE DTE Energy
DVN Devon Energy
ED Consolidated Edison
EOG EOG Resources
EQT EQT Corp
EVRG Evergy Inc
GTLS Chart Industries Inc
HUM Humana Inc
KMB Kimberly-Clark Corp
MRO Marathon Oil Corp
MUR Murphy Oil Corp
NI Nisource Inc
NKE Nike Inc Cl B
NOC Northrop Grumman
PEG Pub Svc Enterprises Gr Incorp
SBUX Starbucks Corp
SO Southern Co Inc
SRE Sempra Energy
WEC WEC Energy Group Inc
WMB Williams Companies
XEL Xcel Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.