Leading Pullback Setups For January 14

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By Pullback Trader | Published 01/13/2014 | Stocks | Unrated

Leading Pullback Setups For January 14

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.

AXP American Express Company
EXPE Expedia Inc
GCI Gannett Co
HPY Heartland Payment Systems Inc
LVLT Level 3 Communications
LYV Live Nation Entertainment
SWIR Sierra Wireless

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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