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Leading Pullback Setups For May 7
By Frugal Trader | Published  05/4/2018 | Stocks | Unrated
Leading Pullback Setups For May

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.

EAT Brinker Intl Inc
EOG EOG Resources
NXTM NxStage Medical Inc
SFLY Shutterfly Inc
URBN Urban Outfitters

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.

ACAD ACADIA Pharmaceuticals Inc
AN AutoNation Inc
CL Colgate-Palmolive Co
ENB Enbridge Inc
ESNT Essent Grp Ltd
ETN Eaton Corp
HDP Hortonworks Inc
IP Intl Paper
ITW Illinois Tool Works
LBRDK Liberty Broadband Corp Cl C
LBTYA Liberty Global plc Cl A
LBTYK Liberty Global plc Cl C
LL Lumber Liquidators Inc
LMT Lockheed Martin Corp
MHK Mohawk Indus
MLM Martin Marietta Materials
MMM 3M Co
NUAN Nuance Communications Inc
PCAR PACCAR Inc
PG Procter & Gamble Cc
PH Parker-Hannifin
RDN Radian Grp
SBAC SBA Communications'A'
SUM Summit Matrials Inc
TER Teradyne Inc
TRN Trinity Industries
TSM Taiwan Semiconductor Mfg ADS
URI United Rentals Inc
WSM Williams-Sonoma

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.