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ADBE, BKS, POM Lead Pullback Setups For May 9
http://www.tigersharktrading.com/articles/25155/1/ADBE-BKS-POM-Lead-Pullback-Setups-For-May-9/Page1.html
By Pullback Trader
Published on 05/8/2013
 

Which trending stocks are forming orderly pullbacks? ADBE, BKS, and POM are three stocks on the pullback watch list. Click for the entire list.

ADBE, BKS, POM Lead Pullback Setups For May 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.

ADBE Adobe Systems
BIIB Biogen Idec
BKS Barnes & Noble
GILD Gilead Sciences
POM Pepco Holdings
THRX Theravance Inc
YELP Yelp 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

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.