| BWA, HBI, MET Lead Pullback Setups For May 23 |
| By Pullback Trader |
Published
05/22/2013
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Stocks
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Unrated
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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.
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Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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