Today’s market pullback may be setting up some great opportunities in stocks that are still showing leadership.
QQQ fell 1.34%, but Apple finished higher.. a name I’m watching closely after our recent newsletter, Happy S&P 500 All-Time Highs Day, highlighted the Mag-7 breaking out in both price and relative strength.
If you’ve been looking for a way to get long that leadership, AAPL may be a good opportunity to investigate.
It showed up in tonight’s Pullback Confirmed scan, giving us an individual setup to examine alongside the bigger-picture thesis.
Below, we’ll look at Apple and the rest of the list to see where the structure, entry, and defined risk might line up.
Tonight’s scan found 12 candidates across seven sectors after the October 8 close.
The median TTI Score is 71.5, the top score is 84, and none scored 85 or higher. These are pullback reversals with varying degrees of technical alignment. A confirmed scan condition does not establish a high-conviction trade.
There’s useful breadth in the list: Industrials, Information Technology, Financials, Energy, and Communication Services each contribute two names, with one each from Materials and Consumer Discretionary.
