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Leading Pullback Setups For May 12
http://www.tigersharktrading.com/articles/40644/1/Leading-Pullback-Setups-For-May-12/Page1.html
By Pullback Trader
Published on 05/11/2020
 

Which trending stocks are forming orderly pullbacks?


Leading Pullback Setups For May 12

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.

ADTN Adtran Inc
AAWW Atlas Air Worldwide Hldg
SAM Boston Beer 'A'
NEM Newmont Corp

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.

RE Everest Re Grp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.