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.
ATK Alliant Techsystems
BMI Badger Meter
CNK Cinemark Holdings Inc
CSC Computer Sciences
IN Intermec Inc
INGR Ingredion Incorporated
KMX CarMax Inc
ODFL Old Dominion Freight Line
PCP Precision Castparts
POL Polyone Corp
SFG Stancorp Financial Group
THO Thor Indus
VAR Varian Medical Systems
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.
BCR Bard (C.R.)
DLTR Dollar Tree Inc
DTSI DTS Inc
HPY Heartland Payment Systems Inc
Dave Mecklenburg is the Editor-in-Chief of TigerSharkTrading.com.