Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For July 29
http://www.tigersharktrading.com/articles/31092/1/Leading-Pullback-Setups-For-July-29/Page1.html
By Pullback Trader
Published on 07/28/2015
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For July 29

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.

PNK Pinnacle Entertainment
RH Restoration Hardware Hldg
THOR Thoratec Corp
ULTA Ulta Salon Cosmetics&Fragrance

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.

EMLP First Tr N Amer Energy Infrast
EQT EQT Corporation
KMI Kinder Morgan Inc
OGE OGE Energy
PAA Plains All American Pipeline
TRP Transcanada Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.