| FB, IMAX, MA Lead Pullback Setups For January 17 |
| By Pullback Trader |
Published
01/16/2013
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Stocks
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Unrated
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FB, IMAX, MA Lead Pullback Setups For January 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.
AB AllianceBernstein Holding L.P. ADP Automatic Data Proc BAM Brookfield Asset Management BCS Barclays Plc ADS CBST Cubist Pharmaceuticals DE Deere & Co DISCA Discovery Communications Inc EMN Eastman Chemical FB Facebook Inc FLS Flowserve Corp FMC FMC Corp GGC Georgia Gulf Corp HCN Health Care Reit IMAX Imax Corp MA Mastercard Incorporated PKI Perkinelmer Inc PM Philip Morris Intl Inc POT Potash Corp Saskatchewan PPG PPG Indus QIHU Qihoo 360 Technology Co., Ltd. RS Reliance Steel & Aluminum SMG Scotts Miracle-Gro Company TCK Teck Resources Limited 'B' UGP Ultrapar Participacoes SA ADS WWD Woodward, 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.
DLTR Dollar Tree Inc FDO Family Dollar Stores MLNX Mellanox Technologies MYGN Myriad Genetics
Dave Mecklenburg is the Editor-in-Chief of TigerSharkTrading.com.
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