| BKS, MGA, WSM Lead Pullback Setups For May 17 |
| By Pullback Trader |
Published
05/16/2013
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Stocks
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Unrated
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BKS, MGA, WSM Lead Pullback Setups For May 17
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.
BKS Barnes & Noble COH Coach Inc KIM Kimco Realty MGA Magna Intl Cl'A' TSM Taiwan Semiconductor Mfg ADS WSM Williams-Sonoma
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.
NLY Annaly Capital Management
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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