| Pullback Trades For October 24 |
| By Pullback Trader |
Published
10/23/2012
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Stocks
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Unrated
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Pullback Trades For October 24
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.
AEP Amer Electric Pwr BRC Brady Corp'A' CB Chubb Corp CLX Clorox Co COO Cooper Cos GLW Corning Inc GS Goldman Sachs Group HCC HCC Insurance Holdings HIG Hartford Finl Svcs Grp LZB La-Z Boy MRK Merck & Co PFE Pfizer, Inc THG The Hanover Insurance Group V Visa Inc VZ Verizon Communications ZION Zions Bancorp
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.
INFA Informatica Corp
Dave Mecklenburg is the Editor-in-Chief of TigerSharkTrading.com.
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