Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For December 12
http://www.tigersharktrading.com/articles/35975/1/Leading-Pullback-Setups-For-December-12/Page1.html
By Pullback Trader
Published on 12/11/2017
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For December 12

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.

BECN Beacon Roofing Supply Inc
BLMN Bloomin' Brands Inc
GIII G-III Apparel Grp Ltd
GMED Globus Medical Inc
LZB La-Z Boy
PPC Pilgram's Pride Corp
SON Sonoco Products

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.

CLVS Clovis Oncology Inc
CRTO Criteo S.A. ADS
TVPT Travelport Worldwide Ltd

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.