Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For February 24
http://www.tigersharktrading.com/articles/34292/1/Leading-Pullback-Setups-For-February-24/Page1.html
By Pullback Trader
Published on 02/23/2017
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For February 24

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.

ASML ASML Hldg N.V. New York
MAR Marriott Int'l Cl A
STAY Extended Stay America Inc
TTWO Take-Two Interactive Software
WYN Wyndham Worldwide Corporation

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.