Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For March 8
http://www.tigersharktrading.com/articles/46545/1/Leading-Pullback-Setups-For-March-8/Page1.html
By Pullback Trader
Published on 03/7/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For March 8

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

AMH American Homes 4 Rent
AMT American Tower Corp
AR Antero Resources Corp
ARWR Arrowhead Pharma Inc
CHK Chesapeake Energy Corp
CME CME Grp Inc
CSGP Costar Grp
CSX CSX Corp
CTLT Catalent Inc
CTRA Coterra Energy Inc
EQT EQT Corp
EXEL Exelixis Inc
FHI Federated Hermes Inc
GD General Dynamics Corp
GM General Motors Co
H Hyatt Hotels Corporation
HRB Block (H&R)
INVH Invitation Homes Inc
LHX L3Harris Technologies Inc
LKQ LKQ Corp
LYB LyondellBasell Ind N.V.
MAR Marriott Int'l Cl A
SPG Simon Ppty Grp
SRCL Stericycle Inc
STX Seagate Technology Holdings PL
TNL Travel + Leisure Co
TPR Tapestry Inc
UNP Union Pacific Corp
V Visa Inc
WY Weyerhaeuser Co

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

AKAM Akamai Technologies
ALB Albemarle Corp
BA Boeing Co
BDX Becton, Dickinson
BG Bunge Global SA
BWA Borg Warner
CAR Avis Budget Grp
CMA Comerica Inc
CUBE CubeSmart
DAY Dayforce Inc
DE Deere & Co
EXPD Expeditors Intl of Washington
EXR Extrage Space Storage Inc
GEN Gen Digital Inc
GILD Gilead Sciences
GOOGL Alphabet Inc Cl A
GPN Global Payments Inc
IFF Intl Flavors/Fragr
KNX Knight-Swift Trasportation Hld
LULU Lululemon Athletica Inc
MGM MGM Resorts Intl
MOS The Mosaic Co (New)
NVST Envista Holdings Corp
PLNT Planet Fitness Inc
PODD Insulet Corporation
PRGO Perrigo Co plc
SWK Stanley Black & Decker Inc
WCC Wesco Intl
WHR Whirlpool Corp
WOLF Wolfspeed Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.