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Leading Pullback Setups For March 12
http://www.tigersharktrading.com/articles/46558/1/Leading-Pullback-Setups-For-March-12/Page1.html
By Pullback Trader
Published on 03/11/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For March 12

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
AMAT Applied Materials
AMD Advanced Micro Devices Inc
AMZN Amazon.com Inc
AR Antero Resources Corp
BSX Boston Scientific Corporation
CARR Carrier Global Corp
CELH Celsius Hldg Inc
CLF Cleveland-Cliffs Inc
CNM Core & Main Inc
COST Costco Wholesale Corp
CPRT Copart Inc
EW Edwards Lifesciences Corp
FAST Fastenal Co
HD Home Depot Inc
HWM Howmet Aerospace Inc
IBM Intl Business Machines Corp
LLY Eli Lilly and Co
LUV Southwest Airlines Co
META Meta Platforms Inc
MU Micron Tech
NVDA Nvidia Corp
PSTG Pure Storage Inc Cl A
RRC Range Resources
SCHW Charles Schwab Corp
SMCI Super Micro Computer Inc
TGT Target Corp
UBER Uber Technologies Inc
VST Vistra Corp
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

ADBE Adobe Inc
ADM Archer-Daniels-Midland
AMGN Amgen Inc
APA APA Corp
CHRW C.H. Robinson Worldwide Inc
CHTR Charter Communications Inc
CPB Campbell Soup
CVS CVS Health Corp
CZR Caesars Entertainment Corp
ETSY Etsy Inc
FOXA Twenty-First Century Fox Inc A
GILD Gilead Sciences
GOOGL Alphabet Inc Cl A
MDLZ Mondelez Int'l Inc Cl A
NKE Nike Inc Cl B
NVST Envista Holdings Corp
NYT New York Times'A'
O Realty Income
PEP Pepsico Inc
PPG PPG Indus Inc
PRGO Perrigo Co plc
PYPL PayPal Hldgs Inc
SBUX Starbucks Corp
STT State Street Corp
UNH UnitedHealth Grp Inc
VICI Vici Pptys Inc
VTR Ventas Inc
WBA Walgreen Boots Alliance Inc
XEL Xcel Energy
ZTS Zoetis Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.