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CBS, GMCR Lead Pullback Setups For January 8
By Pullback Trader | Published  01/7/2013 | Stocks | Unrated
CBS, GMCR Lead Pullback Setups For January 8

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.

ABB ABB Ltd
ACM Aecom Technology Corp
APH Amphenol Corp'A'
CBS CBS Corporation
CCI Crown Castle Intl
CRM salesforce.com Inc
ENS Enersys
GMCR Green Mountain Coffee Roasters
HMC Honda Motor ADR
JEF Jefferies Group
MHP McGraw-Hill Companies
NWS News Corp Ltd ADS 'B'
RAX Rackspace Hosting Inc
RIO Rio Tinto plc ADS
SAP Sap Ag ADS
TEL TE Connectivity Ltd
TWC Time Warner Cable Inc
VALE VALE S.A.
XYL Xylem, 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.

HLF Herbalife Ltd
TEVA Teva Pharm Indus ADR

Dave Mecklenburg is the Editor-in-Chief of TigerSharkTrading.com.