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Leading Pullback Setups For February 20
http://www.tigersharktrading.com/articles/46462/1/Leading-Pullback-Setups-For-February-20/Page1.html
By Pullback Trader
Published on 02/16/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For February 20

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

ACN Accenture PLC (Ireland) NEW
ADSK Autodesk, Inc
AMD Advanced Micro Devices Inc
AVGO Broadcom Inc
BLDR Builders FirstSource Inc
BRBR Bellring Brands Inc
CDNS Cadence Design Systems
CLX Clorox Co
COHR Coherent Corp
DAL Delta Airlines Inc
FTNT Fortinet Inc
GPN Global Payments Inc
HSY The Hershey Co
LEN Lennar Corp A
LPX Louisiana-Pacific Corp
LSCC Lattice Semiconductor
MSFT Microsoft Corp
NOW ServiceNow Inc
NXPI NXP Semiconductors N.V.
ON ON Semiconductor Corp
ORCL Oracle Corp
PBF PBF Energy Inc Cl A
PSX Phillips 66
ROST Ross Stores
SHW Sherwin-Williams
TKO TKO Group Holdings Inc
TXT Textron, Inc
UAL United Airlines Hldgs Inc
VRSK Verisk Analytics Inc
WDC Western Digital

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
ADI Analog Devices
ALB Albemarle Corp
APA APA Corp
ASB Associated Banc-Corp
BG Bunge Global SA
BXP Boston Properties
CAG Conagra Brands Inc
CNP Centerpoint Energy
D Dominion Energy Inc
DVN Devon Energy
EQT EQT Corp
EVRG Evergy Inc
EXC Exelon Corp
GIS Genl Mills
IP Intl Paper
MCD McDonald's Corp
MRO Marathon Oil Corp
MS Morgan Stanley
NEM Newmont Corp
NNN NNN REIT Inc
PEG Pub Svc Enterprises Gr Incorp
PFE Pfizer Inc
PNW Pinnacle West Cap Corp
TSN Tyson Foods 'A'
UDR UDR Inc
UPS United Parcel Service Inc
WEC WEC Energy Group Inc
WMB Williams Companies
WPC W P Carey Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.