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Leading Pullback Setups For May 16
http://www.tigersharktrading.com/articles/34764/1/Leading-Pullback-Setups-For-May-16/Page1.html
By Pullback Trader
Published on 05/15/2017
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For May 16

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.

BURL Burlington Stores Inc
CCL Carnival Corp
EXAS Exact Sciences
MTZ MasTec Inc
PII Polaris Indus
SONC Sonic 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.

AMAG AMAG Pharmaceuticals Inc
HZNP Horizon Pharma PLC
POST Post Hldg Inc
SPB Spectrum Brands Hldg Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.