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Leading Pullback Setups For March 6
http://www.tigersharktrading.com/articles/46532/1/Leading-Pullback-Setups-For-March-6/Page1.html
By Pullback Trader
Published on 03/5/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For March 6

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

ALLY Ally Finl Inc
AMAT Applied Materials
AMH American Homes 4 Rent
AMZN Amazon.com Inc
AVGO Broadcom Inc
AXP American Express Co
BBWI Bath & Body Works Inc
BBY Best Buy
BRK.B Berkshire Hathaway'B'
CF CF Industries Hldgs Inc
CRM Salesforce Inc
CTSH Cognizant Tech Solutions'A'
DHI D.R. Horton
GM General Motors Co
HD Home Depot Inc
IR Ingersoll-Rand Plc
LLY Eli Lilly and Co
LOW Lowe's Cos, Inc
META Meta Platforms Inc
MNST Monster Beverage Corporation
MRK Merck & Co
MSFT Microsoft Corp
NFLX Netflix Inc
ORCL Oracle Corp
OVV Ovintiv Inc
ROST Ross Stores
TJX TJX Companies
TXN Texas Instruments
UBER Uber Technologies Inc
V Visa 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

AFL AFLAC Inc
APD Air Products & Chem Inc
BA Boeing Co
BERY Berry Plastics Grp Inc
BKR Baker Hughes a GE Co Cl A
BWA Borg Warner
CMA Comerica Inc
GILD Gilead Sciences
HAE Haemonetics Corp
IART Integra Lifesciences Hldg Corp
IFF Intl Flavors/Fragr
LW Lamb Weston Hldgs Inc
MCD McDonald's Corp
MMM 3M Co
NBIX Neurocrine Biosciences
NEE NextEra Energy Inc
OZK Bank OZK
PLNT Planet Fitness Inc
PM Philip Morris Intl Inc
PNFP Pinnacle Finl Partners
PRGO Perrigo Co plc
SBAC SBA Communications'A'
SLB Schlumberger Ltd
TSN Tyson Foods 'A'
WCC Wesco Intl
ZION Zions Bancorp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.