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COF, RAX, VMW Lead Pullback Setups For March 6
http://www.tigersharktrading.com/articles/24524/1/COF-RAX-VMW-Lead-Pullback-Setups-For-March-6/Page1.html
By Pullback Trader
Published on 03/5/2013
 

Which trending stocks are forming orderly pullbacks? COF, RAX, and VMW are three stocks on the pullback watch list. Click for the entire list.

COF, RAX, VMW Lead Pullback Setups For March 6

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.

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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.

COF Capital One Financial
EEQ Enbridge Energy Mgmt
RAX Rackspace Hosting Inc
VMW VMWARE Inc
VSI Vitamin Shoppe Inc

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