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Leading Pullback Setups For April 18
http://www.tigersharktrading.com/articles/46715/1/Leading-Pullback-Setups-For-April-18/Page1.html
By Pullback Trader
Published on 04/17/2024
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For April 18

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

AVTR Avantor Inc
BRO Brown & Brown
BROS Dutch Bros Inc
CI The Cigna Group
CPRT Copart Inc
CRH CRH Plc ADS
CSX CSX Corp
DINO HF Sinclair Corp
DOW Dow Inc
ELAN Elanco Animal Health Inc
EMR Emerson Electric Co
ESI Element Solutions Inc
FTV Fortive Corp
GPK Graphic Packaging Hldg Co
HAL Halliburton Co
HAYW Hayward Hldgs Inc
HOG Harley-Davidson
IR Ingersoll-Rand Plc
JPM JPMorgan Chase & Co
LNC Lincoln Natl Corp
MET Metlife Inc
NU NU Holdings Ltd/Cayman Islands
PAGS Pagseguro Digital Ltd
PCAR PACCAR Inc
PNR Pentair Plc
PRU Prudential Finl
RLJ RLJ Lodging Trust
UNP Union Pacific Corp
USB US Bancorp
WYNN Wynn Resorts Ltd

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

ABBV AbbVie Inc
ALGM Allegro MicroSystems Inc
ELS Equity Lifestyle Properties
LULU Lululemon Athletica Inc
LUV Southwest Airlines Co
MDLZ Mondelez Int'l Inc Cl A
NKE Nike Inc Cl B
PG Procter & Gamble Co
PM Philip Morris Intl Inc
SBUX Starbucks Corp
TSCO Tractor Supply
UNH UnitedHealth Grp Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.