HNT, HUM, JNJ Lead Pullback Setups For April 9

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By Pullback Trader | Published 04/8/2013 | Stocks | Unrated

HNT, HUM, JNJ Lead Pullback Setups For April 9

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.

HNT Health Net Inc
HUM Humana Inc
JNJ Johnson & Johnson
WLP WellPoint 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.

AGU Agrium Inc
BHP BHP Billiton Ltd ADR
CRUS Cirrus Logic
EXPD Expeditors Intl of Washington
TX Ternium S.A.

Dave Mecklenburg is the Publisher 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.