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.
ACHC Acadia Healthcare Company, Inc
LLY Lilly (Eli)
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.
AGCO Agco Corp
DISCA Discovery Communications Inc
QSII Quality Systems
WFM Whole Foods Market
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.