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BBY, RRC, SFD Lead Pullback Setups For April 3
http://www.tigersharktrading.com/articles/24785/1/BBY-RRC-SFD-Lead-Pullback-Setups-For-April-3/Page1.html
By Pullback Trader
Published on 04/2/2013
 

Which trending stocks are forming orderly pullbacks? BBY, RRC, and SFD are three stocks on the pullback watch list. Click for the entire list.

BBY, RRC, SFD Lead Pullback Setups For April 3

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.

AWAY HomeAway Inc
BBY Best Buy
BRO Brown & Brown
MINI Mobile Mini
RRC Range Resources
SFD Smithfield Foods
SWN Southwestern Energy
TPX Tempur-Pedic Intl

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.

BXP Boston Properties
GRMN Garmin Ltd
TWTC TW Telecom Inc Class A

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