Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For June 22
http://www.tigersharktrading.com/articles/34980/1/Leading-Pullback-Setups-For-June-22/Page1.html
By Pullback Trader
Published on 06/21/2017
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For June 22

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.

ALL Allstate Corp
AVA Avista Corp
DE Deere & Co
ES Eversource Energy
MMC Marsh & McLennan Companies Inc
STAG Stag Industrial 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.

AMAG AMAG Pharmaceuticals Inc
MDCO Medicines Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.