CLR, CTSH, JOY Lead Pullback Setups For January 25

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By Pullback Trader | Published 01/24/2013 | Stocks | Unrated

CLR, CTSH, JOY Lead Pullback Setups For January 25

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.

AVGO Avago Technologies Ltd
BCEI Bonanza Creek Energy Inc
CLR Continental Resources Inc
CTSH Cognizant Tech Solutions'A'
ENB Enbridge Inc
JOY Joy Global, Inc.
TXRH Texas Roadhouse 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.

FINL Finish Line 'A'

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

It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.