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Leading Pullback Setups For January 3
http://www.tigersharktrading.com/articles/36082/1/Leading-Pullback-Setups-For-January-3/Page1.html
By Pullback Trader
Published on 01/2/2018
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 3

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.

BYD Boyd Gaming
FII Federated Investors 'B'
GIS Genl Mills
GPS Gap Inc
HD Home Depot Inc
LB L Brands Inc
NXST Nexstar Media Grp Inc Cl A
SBGI Sinclair Broadcast Grp'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.

ADSK Autodesk, Inc
BLL Ball Corp
FE FirstEnergy Corp
PEGA Pegasystems Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.