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Leading Pullback Setups For February 9
http://www.tigersharktrading.com/articles/46424/1/Leading-Pullback-Setups-For-February-9/Page1.html
By Pullback Trader
Published on 02/8/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For February 9

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

ABT Abbott Laboratories
AMGN Amgen Inc
CB The Chubb Corp
DE Deere & Co
DHR Danaher Corp
DOV Dover Corp
DOW Dow Inc
EL Lauder (Estee) Co
ESNT Essent Grp Ltd
FAST Fastenal Co
HCA HCA Healthcare Inc
HOLX Hologic Inc
KO Coca-Cola Co
L Loews Corp
LIN Linde PLC
MDT Medtronic plc
NRG NRG Energy Inc
OTIS Otis WorldWide Corp W
RMD Resmed Inc
SJM Smucker (J.M.)
SYK Stryker Corp
SYY Sysco Corp
TMO Thermo Fisher Scientific Inc
TMUS T-Mobile US Inc
TSCO Tractor Supply
UNP Union Pacific Corp
VST Vistra Corp
VZ Verizon Communications
WDC Western Digital
WRB W R Berkley Corp

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

AA Alcoa Corp
BEN Franklin Res Inc
CGNX Cognex Corp
CTRA Coterra Energy Inc
CUZ Cousins Properties
CZR Caesars Entertainment Corp
DD DuPont de Nemours Inc
DVN Devon Energy
EOG EOG Resources
GPS Gap Inc
HAL Halliburton Co
IP Intl Paper
JCI Johnson Controls Intl Plc
MCHP Microchip Tech
OKE Oneok Inc
OVV Ovintiv Inc
OXY Occidental Petro Corp
PNM PNM Resources Inc
REXR Rexford Industrial Realty Inc
ROK Rockwell Automation
SWKS Skyworks Solutions
TER Teradyne Inc
TSLA Tesla Inc
TXN Texas Instruments
UPS United Parcel Service Inc
USB US Bancorp
VTR Ventas Inc
WOLF Wolfspeed Inc
WY Weyerhaeuser Co
ZION Zions Bancorp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.