Leading Pullback Setups For April 16

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By Pullback Trader | Published 04/15/2020 | Stocks | Unrated

Leading Pullback Setups For April 16

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.

AMT American Tower Corp
CIEN Ciena Corp
COR CoreSite Realty Corp
DLR Digital Realty Trust Inc
EGOV NIC Inc
TR Tootsie Roll Industries 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.

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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.