Which trending stocks are forming orderly pullbacks?
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.
BKS Barnes & Noble
HI Hillenbrand Inc Com
MPW Medical Properties Trust Inc
MUR Murphy Oil
ODP Office Depot
ORI Old Republic Intl
SKYW SkyWest Inc
TRV The Travelers Companies Inc
WY Weyerhaeuser Co
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.
CASY Casey's Genl Stores
CMG Chipotle Mexican Grill Inc
EBS Emergent Biosolutions Inc
HRS Harris Corp
LTM Life Time Fitness Inc
WCG WellCare Health Plans Inc
Dave Mecklenburg is the Editor-in-Chief of TigerSharkTrading.com.