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.
AFSI AmTrust Financial Services Inc
AMTD TD Ameritrade Holding Corp
APD Air Products & Chem
BBCN BBCN Bancorp, Inc.
CAVM Cavium, Inc.
MD Mednax Inc
MDAS MedAssets Inc
VRA Vera Bradley Inc
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.
HMIN Home Inns & Hotels Management
KMP Kinder Morgan Egy Ptnrs L.p.
MR Mindray Medical Intl Limited
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.