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BWA, HBI, MET Lead Pullback Setups For May 23
By Pullback Trader | Published  05/22/2013 | Stocks | Unrated
BWA, HBI, MET Lead Pullback Setups For May 23

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.

ABMD Abiomed, Inc
ADP Automatic Data Proc
ALV Autoliv Inc
APH Amphenol Corp'A'
BWA Borg Warner
CPRT Copart Inc
DNKN Dunkin' Brands Group Inc
HBI Hanesbrands Inc
MDU MDU Resources Group
MET Metlife Inc
POT Potash Corp Saskatchewan
SPR Spirit Aerosystems Hldgs Inc
THRX Theravance 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.

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.