Which trending stocks are forming orderly pullbacks?
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
ABNB Airbnb Inc
ADI Analog Devices
AMZN Amazon.com Inc
BX Blackstone Inc
BXP Boston Properties
CMA Comerica Inc
CSCO Cisco Systems
DLR Digital Realty Trust Inc
FITB Fifth Third Bancorp
GEN Gen Digital Inc
GPK Graphic Packaging Hldg Co
IBM Intl Business Machines Corp
IPG Interpub Grp Cos
LUV Southwest Airlines Co
LVS Las Vegas Sands Corp
NRG NRG Energy Inc
NWSA News Corp Cl A
ORCL Oracle Corp
PKG Packaging Corp America
PRGO Perrigo Co plc
PSTG Pure Storage Inc Cl A
PYPL PayPal Hldgs Inc
SPG Simon Ppty Grp
STX Seagate Technology Holdings PL
TMUS T-Mobile US Inc
TTC The Toro Co
UAL United Airlines Hldgs Inc
UBER Uber Technologies Inc
WDC Western Digital
ZION Zions Bancorp
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
AJG Gallagher (Arthur J.)
CVS CVS Health Corp
LOPE Grand Canyon Education Inc
MMC Marsh & McLennan Companies Inc
NOC Northrop Grumman
UNH UnitedHealth Grp Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.