Leading Pullback Setups For May 4

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By Pullback Trader | Published 05/3/2016 | Stocks | Unrated

Leading Pullback Setups For May 4

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.

AJRD Aerojet Rocketdyne Hldgs Inc
CLR Continental Resources Inc
CMA Comerica Inc
HES Hess Corporation
MUR Murphy Oil Corp
PBA Pembina Pipeline Corp
PCAR PACCAR Inc
PCH Potlatch Corp
PXD Pioneer Natural Resources
SIX Six Flags Entertainment Corp
WTFC Wintrust Finl

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.

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.