| Leading Pullback Setups For August 7 |
| By Pullback Trader |
Published
08/6/2013
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Stocks
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Unrated
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Leading Pullback Setups For August 7
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.
AFL AFLAC Inc ATVI Activision Blizzard Inc BWA Borg Warner CBS CBS Corporation CELG Celgene Corp DAL Delta Airlines Inc GPS Gap Inc HSIC Schein (Henry) KKD Krispy Kreme Doughnuts LNC Lincoln Natl Corp NEE NextEra Energy Inc NOW ServiceNow Inc PFG Principal Financial Grp RHT Red Hat Inc TIBX Tibco Software WTR Aqua America Inc XLNX Xilinx 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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