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Leading Pullback Setups For February 7
http://www.tigersharktrading.com/articles/34189/1/Leading-Pullback-Setups-For-February-7/Page1.html
By Pullback Trader
Published on 02/6/2017
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For February 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.

DIS Disney (Walt) Co
FOX Twenty-First Century Fox Inc B
FOXA Twenty-First Century Fox Inc A
INCY Incyte Corp
NEP NextEra Energy Partners LP

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.

BMY Bristol-Myers SQUIBB
SCMP Sucampo Pharmaceuticals Inc
TDG TransDigm Grp Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.