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Leading Pullback Setups For August 4
http://www.tigersharktrading.com/articles/35220/1/Leading-Pullback-Setups-For-August-4/Page1.html
By Pullback Trader
Published on 08/3/2017
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For August 4

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.

DDS Dillard's Inc'A'
EXEL Exelixis Inc
GILD Gilead Sciences
HAIN Hain Celestial Grp Inc
MCO Moody's Corp
RICE Rice Energy 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.

STX Seagate Tech

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.