Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For September 27
http://www.tigersharktrading.com/articles/35530/1/Leading-Pullback-Setups-For-September-27/Page1.html
By Pullback Trader
Published on 09/26/2017
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For September 27

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.

ALGN Align Tech
FGEN FibroGen Inc
MU Micron Tech
PFE Pfizer Inc
SWK Stanley Black & Decker Inc
VIV Telefonica Brazil S.A.

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.

MD Mednax Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.