Leading Pullback Setups For June 5

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By Pullback Trader | Published 06/4/2015 | Stocks | Unrated

Leading Pullback Setups For June 5

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.

ADI Analog Devices
AET Aetna Inc
AVGO Avago Technologies Ltd
BRCM Broadcom Corp'A'
CI Cigna Corp
HNT Health Net Inc
LBTYA Liberty Global plc Cl A

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.

KORS Michael Kors Hldg, Ltd.
SSI Stage Stores Inc
WYNN Wynn Resorts Ltd

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.