Leading Pullback Setups For January 3

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By Pullback Trader | Published 01/2/2018 | Stocks | Unrated

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.

It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.