CSX, MCK, TOL Lead Pullback Setups For February 4

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By Pullback Trader | Published 02/1/2013 | Stocks | Unrated

HOG, ADP, HRL Lead Pullback Setups For February 4

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.

AGCO Agco Corp
CHTR Charter Communications Inc
CPRT Copart Inc
CSX CSX Corp
HCN Health Care Reit
LSTR Landstar System
MCK McKesson Corp
MDAS MedAssets Inc
PWR Quanta Services
TOL Toll Brothers

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.

IACI IAC/InterActive Corp
MLNX Mellanox Technologies

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.