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.
CP Canadian Pacific Railway
FRT Federal Rlty Inv Tr Sbi
INTC Intel Corp
JBL Jabil Circuit
KSU Kansas City Southern
MEOH Methanex Corp
PKY Parkway Properties
SANM Sanmina Corporation
ST Sensata Technologies Hldg N.V.
VAL The Valspar 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.
AEGR Aegerion Pharmaceuticals Inc
MPC Marathon Petro Corp
VLO Valero Energy
XLRN Acceleron Pharma Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.