Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Leading Pullback Setups For February 9
http://www.tigersharktrading.com/articles/36293/1/Leading-Pullback-Setups-For-February-9/Page1.html
By Pullback Trader
Published on 02/8/2018
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For February 9

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.

MSGN MSG Networks Inc
MXIM Maxim Integrated Prod
SFLY Shutterfly Inc

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.

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.