Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For May 19
http://www.tigersharktrading.com/articles/34789/1/Leading-Pullback-Setups-For-May-19/Page1.html
By Pullback Trader
Published on 05/18/2017
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For May 19

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.

EL Lauder (Estee) Co
HASI Hannon Armstrong Sustainable
PKG Packaging Corp America
TSS Total System Svcs
VAR Varian Medical Systems Inc

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.