Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For January 7
http://www.tigersharktrading.com/articles/31929/1/Leading-Pullback-Setups-For-January-7/Page1.html
By Pullback Trader
Published on 01/6/2016
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 7

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.

OLED Universal Display Corp

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.

WNR Western Refining Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.