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.
BWP Boardwalk Pipeline Partners LP
DK Delek US Hldgs Inc
EPB El Paso Pipeline Ptnrs L P
KMP Kinder Morgan Egy Ptnrs L.p.
KMR Kinder Morgan Mgmt Llc
UNP Union Pacific Corp
WPC W P Carey 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.
FUEL Rocket Fuel Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.