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.
LRCX Lam Research
TWX Time Warner
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.
AAN Aaron's Inc
AEGR Aegerion Pharmaceuticals Inc
CIE Cobalt Int'l Energy Inc
VLO Valero Energy
VRA Vera Bradley Inc
XLRN Acceleron Pharma Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.