| Leading Pullback Setups For January 24 |
| By Pullback Trader |
Published
01/23/2014
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Stocks
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Unrated
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Leading Pullback Setups For January 24
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.
AGN Allergan, Inc AXP American Express Company ADSK Autodesk, Inc CAR Avis Budget Group KND Kindred Healthcare Inc MPEL Melco Crown Entertainment Ltd MGM MGM Resorts International MSM MSC Industrial Direct'A' TMO Thermo Fisher Scientific Inc VC Visteon Corporation WCC Wesco International YY YY 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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