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BPO, CCI, MYGN Lead Pullback Setups For May 20
http://www.tigersharktrading.com/articles/25254/1/BPO-CCI-MYGN-Lead-Pullback-Setups-For-May-20/Page1.html
By Pullback Trader
Published on 05/17/2013
 

Which trending stocks are forming orderly pullbacks? BPO, CCI, and MYGN are three stocks on the pullback watch list. Click for the entire list.


BPO, CCI, MYGN Lead Pullback Setups For May 20

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.

ACGL Arch Capital Group
BPO Brookfield Office Properties
BRFS BRF SA
CCI Crown Castle Intl
MYGN Myriad Genetics
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.

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.