Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For November 28
http://www.tigersharktrading.com/articles/35902/1/Leading-Pullback-Setups-For-November-28/Page1.html
By Pullback Trader
Published on 11/27/2017
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For November 28

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.

CREE Cree Inc
LRCX Lam Research
NRG NRG Energy Inc
SKYW SkyWest Inc
TER Teradyne Inc
TMHC Taylor Morrison Home Corp
VLO Valero Energy
WB Weibo Corp
WLH William Lyon Homes

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.

EVH Evolent Health Inc
JCI Johnson Controls Intl Plc
SYMC Symantec Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.