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FB, IMAX, MA Lead Pullback Setups For January 17
By Pullback Trader | Published  01/16/2013 | Stocks | Unrated
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.