Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For March 13
http://www.tigersharktrading.com/articles/46563/1/Leading-Pullback-Setups-For-March-13/Page1.html
By Pullback Trader
Published on 03/12/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For March 13

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

ADNT Adient plc
ALGM Allegro MicroSystems Inc
AMT American Tower Corp
BAX Baxter Intl Inc
BJ BJ's Wholesale Club Holdings
BWXT BWX Technologies Inc
CCI Crown Castle Inc
CFG Citizens Finl Grp Inc
CLF Cleveland-Cliffs Inc
CMS CMS Energy
CPT Camden Ppty Trust
CSX CSX Corp
D Dominion Energy Inc
ENPH Enphase Energy Inc
EQR Equity Residential
GBCI Glacier Bancorp
GEHC GE Healthcare Technologies
GM General Motors Co
HOLX Hologic Inc
HXL Hexcel Corp
KBR KBR Inc
LIVN LivaNove PLC
OGE OGE Energy Corp
PEG Pub Svc Enterprises Gr Incorp
PSTG Pure Storage Inc Cl A
SCHW Charles Schwab Corp
SNV Synovus Finl Corp
TECH Bio-Techne Corp
TFC Truist Financial Corp
UDR UDR 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

ADBE Adobe Inc
BHF Brighthouse Finl Inc
CAR Avis Budget Grp
CHDN Churchill Downs
CHRW C.H. Robinson Worldwide Inc
DAY Dayforce Inc
DGX Quest Diagnostics
EPR EPR Properties
GOOGL Alphabet Inc Cl A
IDA Idacorp Inc
LULU Lululemon Athletica Inc
LW Lamb Weston Hldgs Inc
MGM MGM Resorts Intl
PAYC Paycom Software Inc
PGNY Progyny Inc
PODD Insulet Corporation
QDEL Quidel Corp
SJM Smucker (J.M.)
UNH UnitedHealth Grp Inc
VOYA Voya Finl Inc
VRSK Verisk Analytics Inc
WCC Wesco Intl
WOLF Wolfspeed Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.