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Leading Pullback Setups For May 6
http://www.tigersharktrading.com/articles/30596/1/Leading-Pullback-Setups-For-May-6/Page1.html
By Pullback Trader
Published on 05/5/2015
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For May 6

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.

CLGX CoreLogic Inc
EDU New Oriental Educ & Tech Grp
HDS HD Supply Hldg Inc
MSFT Microsoft Corp
RDWR Radware Ltd

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.

TRN Trinity Industries

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.