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Leading Pullback Setups For February 16
http://www.tigersharktrading.com/articles/46456/1/Leading-Pullback-Setups-For-February-16/Page1.html
By Pullback Trader
Published on 02/15/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For February 16

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

AN AutoNation Inc
ATR AptarGrp Inc
BRBR Bellring Brands Inc
BYD Boyd Gaming
ECL Ecolab Inc
GOOG Alphabet Inc Cl C Cap Stock
GOOGL Alphabet Inc Cl A
KNX Knight-Swift Trasportation Hld
OHI Omega Healthcare Investors Inc
OLLI Ollies Bargain Outlet Hldgs
ORCL Oracle Corp
PANW Palo Alto Networks Inc

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
ALB Albemarle Corp
APA APA Corp
BMY Bristol-Myers SQUIBB
CFG Citizens Finl Grp Inc
CGNX Cognex Corp
CNP Centerpoint Energy
D Dominion Energy Inc
DVN Devon Energy
EQT EQT Corp
EXC Exelon Corp
FCX Freeport-McMoRan Inc
FITB Fifth Third Bancorp
HAL Halliburton Co
HPQ HP Inc
MOS The Mosaic Co (New)
MRO Marathon Oil Corp
MS Morgan Stanley
NEE NextEra Energy Inc
NEM Newmont Corp
NI Nisource Inc
PFE Pfizer Inc
PPL PPL Corp
PYPL PayPal Hldgs Inc
SCHW Charles Schwab Corp
SLB Schlumberger Ltd
TFC Truist Financial Corp
TSLA Tesla Inc
USB US Bancorp
XRAY Dentsply Sirona Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.