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Leading Pullback Setups For February 21
http://www.tigersharktrading.com/articles/46469/1/Leading-Pullback-Setups-For-February-21/Page1.html
By Pullback Trader
Published on 02/20/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For February 21

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
AMD Advanced Micro Devices Inc
AMZN Amazon.com Inc
AVGO Broadcom Inc
BX Blackstone Inc
CAT Caterpillar Inc
CBRE CBRE Grp, Inc.
COHR Coherent Corp
CRM Salesforce Inc
CTSH Cognizant Tech Solutions'A'
DINO HF Sinclair Corp
DIS Disney (Walt) Co
ENPH Enphase Energy Inc
FTNT Fortinet Inc
GPN Global Payments Inc
HES Hess Corporation
IR Ingersoll-Rand Plc
LYV Live Nation Entertainment, Inc
MPC Marathon Petro Corp
MSFT Microsoft Corp
NFLX Netflix Inc
NVDA Nvidia Corp
PBF PBF Energy Inc Cl A
PSTG Pure Storage Inc Cl A
PSX Phillips 66
PXD Pioneer Natural Resources
SMCI Super Micro Computer Inc
UBER Uber Technologies Inc
VLO Valero Energy
WYNN Wynn Resorts Ltd

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

AEE Ameren Corp
APD Air Products & Chem Inc
CAG Conagra Brands Inc
CCI Crown Castle Inc
CCK Crown Hldg
CPB Campbell Soup
DXCM DexCom Inc
EIX Edison Intl
EVRG Evergy Inc
FDX FedEx Corp
HON Honeywell Intl
HRL Hormel Foods Corp
KHC The Kraft Heinz Company
KMB Kimberly-Clark Corp
NFG Natl Fuel Gas
NI Nisource Inc
NNN NNN REIT Inc
NOC Northrop Grumman
O Realty Income
PEG Pub Svc Enterprises Gr Incorp
PNW Pinnacle West Cap Corp
POR Portland General Electric Co
SJM Smucker (J.M.)
SO Southern Co Inc
SRE Sempra Energy
TXN Texas Instruments
UPS United Parcel Service Inc
VOYA Voya Finl Inc
WBA Walgreen Boots Alliance Inc
XEL Xcel Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.