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Leading Pullback Setups For May 4
http://www.tigersharktrading.com/articles/32589/1/Leading-Pullback-Setups-For-May-4/Page1.html
By Pullback Trader
Published on 05/3/2016
 

Which trending stocks are forming orderly pullbacks?


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.

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.