Leading Pullback Setups For May 5 |
By Pullback Trader |
Published
05/4/2020
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Stocks
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Unrated
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Leading Pullback Setups For May 5
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.
DLR Digital Realty Trust Inc EGOV NIC Inc HAIN Hain Celestial Grp Inc JNJ Johnson & Johnson JNPR Juniper Networks LLY Eli Lilly and Co MRCY Mercury Systems Inc PETS PetMed Express RGR Sturm Ruger SPTN SpartanNash Co SWX Southwest Gas Hldgs Inc TMO Thermo Fisher Scientific 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.
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