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Leading Pullback Setups For April 17
http://www.tigersharktrading.com/articles/46710/1/Leading-Pullback-Setups-For-April-17/Page1.html
By Pullback Trader
Published on 04/16/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For April 17

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

AEO American Eagle Outfitters Inc
CFG Citizens Finl Grp Inc
COF Cap One Finl
CRH CRH Plc ADS
CSX CSX Corp
DOW Dow Inc
ELAN Elanco Animal Health Inc
EPD Enterprise Products Partners
ET Energy Transfer L.P.
FI Fiserv Inc
FTNT Fortinet Inc
HAL Halliburton Co
HD Home Depot Inc
HPE Hewlett-Packard Enterprise Co
IP Intl Paper
JPM JPMorgan Chase & Co
MET Metlife Inc
MPLX MPLX LP
NU NU Holdings Ltd/Cayman Islands
PAA Plains All American Pipeline
PAGS Pagseguro Digital Ltd
PPL PPL Corp
ROIV Roivant Sciences Ltd
T AT&T Inc
TEVA Teva Pharm Indus ADR
TFC Truist Financial Corp
TGT Target Corp
UNP Union Pacific Corp
VTRS Viatris Inc
WU Western Union 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

ETSY Etsy Inc
HRB Block (H&R)
LW Lamb Weston Hldgs Inc
MMS Maximus Inc
NKE Nike Inc Cl B
OPCH Option Care Health Inc
PG Procter & Gamble Co
POST Post Hldg Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.