Leading Pullback Setups For January 7

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By Pullback Trader | Published 01/6/2021 | Stocks | Unrated

Leading Pullback Setups For January 7

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.

Long-side setups

ATVI Activision Blizzard Inc
AAPL Apple Inc
CDNS Cadence Design Systems
EW Edwards Lifesciences Corp
IDXX Idexx Laboratories
MHLD Maiden Hldgs Ltd
SNPS Synopsys Inc
V Visa Inc

Short-side setups

BIG Big Lots Inc
LGIH LGI Homes Inc
RGLD Royal Gold Inc
SMP Standard Motor Prod

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.