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Leading Pullback Setups For February 28
http://www.tigersharktrading.com/articles/46499/1/Leading-Pullback-Setups-For-February-28/Page1.html
By Pullback Trader
Published on 02/27/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For February 28

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

AMZN Amazon.com Inc
ARMK Aramark
BAX Baxter Intl Inc
BMY Bristol-Myers SQUIBB
BRK.B Berkshire Hathaway'B'
CI The Cigna Group
CSX CSX Corp
CTLT Catalent Inc
CTSH Cognizant Tech Solutions'A'
CVX Chevron Corporation
EA Electronic Arts, Inc.
ETN Eaton Corp
GPK Graphic Packaging Hldg Co
HOG Harley-Davidson
K Kellanova
KO Coca-Cola Co
LVS Las Vegas Sands Corp
MCD McDonald's Corp
MSFT Microsoft Corp
NSC Norfolk Southern
NVDA Nvidia Corp
PG Procter & Gamble Co
RL Ralph Lauren Corp.
RSG Repub Svcs Inc
SMCI Super Micro Computer Inc
TPR Tapestry Inc
UAL United Airlines Hldgs Inc
V Visa Inc
WYNN Wynn Resorts Ltd
YUM Yum! Brands 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

AZPN Aspen Tech
BWA Borg Warner
CARR Carrier Global Corp
CBSH Commerce BancShs Inc
CHRW C.H. Robinson Worldwide Inc
CIVI Civitas Resources Inc
CNXC Concentrix Corp
DLB Dolby Laboratories Inc
EOG EOG Resources
INCY Incyte Corp
IRDM Iridium Communications Inc
KEYS Keysight Tech Inc
MAN ManpowerGrp Inc.
MNST Monster Beverage Corporation
NYT New York Times'A'
OC Owens Corning
PNM PNM Resources Inc
PYPL PayPal Hldgs Inc
QLYS Qualys Inc
RHI Robert Half Inc
RVTY Revvity Inc
SNA Snap-On Inc
TEX Terex Corp
UFPI UFP Industries Inc
WSO Watsco, Inc
YETI YETI Holdings Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.