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
ABT Abbott Laboratories
AKAM Akamai Technologies
APH Amphenol Corp A
AXP American Express Co
BRK.B Berkshire Hathaway'B'
C Citigrp Inc
CAT Caterpillar Inc
CG The Carlyle Grp Inc
CPRT Copart Inc
CSX CSX Corp
CTSH Cognizant Tech Solutions'A'
CVX Chevron Corporation
FAST Fastenal Co
FIS Fidelity National Information
G GENPACT LIMITED
GLW Corning Inc
HLT Hilton Worldwide Hldg Inc
IBM Intl Business Machines Corp
KD Kyndryl Holdings Inc
MAR Marriott Int'l Cl A
NWSA News Corp Cl A
ORCL Oracle Corp
PG Procter & Gamble Co
PSTG Pure Storage Inc Cl A
SYY Sysco Corp
UNP Union Pacific Corp
VLO Valero Energy
WDC Western Digital
WRK Westrock Co
XOM Exxon Mobil
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
EG Everest Group Ltd
GO Grocery Outlet Holding Corp
LW Lamb Weston Hldgs Inc
MNST Monster Beverage Corporation
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.