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Leading Pullback Setups For January 4
http://www.tigersharktrading.com/articles/36090/1/Leading-Pullback-Setups-For-January-4/Page1.html
By Pullback Trader
Published on 01/3/2018
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For January 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.

FII Federated Investors 'B'
GPS Gap Inc
JBLU JetBlue Airways
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.

PEGA Pegasystems Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.