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.
ACIW ACI Worldwide Inc
AKRX Akorn Inc
AEL Amer Equity Inv Life
KMX CarMax Inc
CLX Clorox Co
CTSH Cognizant Tech Solutions'A'
CPRT Copart Inc
DLX Deluxe Corp
RRD R.R. Donnelley & Sons Company
ENR Energizer Holdings
HRS Harris Corp
JKHY Henry(Jack) & Assoc
LLTC Linear Technology Corp
MFRM Mattress Firm Holding Corp.
NLSN Nielsen Holdings N.V.
PBH Prestige Brands Holdings Inc
TPX Tempur Sealy Intl Inc
TIF Tiffany & Co
UNM UNUMProvident Corp
VAR Varian Medical Systems
WYN Wyndham Worldwide Corporation
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.
RAX Rackspace Hosting Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.