| CNI, MGA, WYN Lead Pullback Setups For January 24 |
| By Pullback Trader |
Published
01/23/2013
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Stocks
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Unrated
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CNI, MGA, WYN Lead Pullback Setups For January 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.
ACC American Campus Communities CNI Canadian Natl Railway ENB Enbridge Inc MGA Magna Intl Cl'A' NAV Navistar Int'l Corporation RY Royal Bank Canada RYAAY Ryanair Holdings ADS TSS Total System Svcs WYN Wyndham Worldwide Corporation
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.
FINL Finish Line 'A' RXN Rexnord Corp
Dave Mecklenburg is the Editor-in-Chief of TigerSharkTrading.com.
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