Which trending stocks are forming orderly pullbacks? BPO, CCI, and MYGN are three stocks on the pullback watch list. Click for the entire list.
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.
ACGL Arch Capital Group
BPO Brookfield Office Properties
BRFS BRF SA
CCI Crown Castle Intl
MYGN Myriad Genetics
WSM Williams-Sonoma
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.