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.
BBD Banco Bradesco SA Pfd ADS
EW Edwards Lifesciences
EXPD Expeditors Intl of Washington
IPI Intrepid Potash 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.
ACAT Arctic Cat
CIT CIT Group Inc
GWRE Guidewire Software Inc
PB Prosperity Bancshares Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.