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.
ABBV AbbVie Inc
CMCSA Comcast Cl'A'
CMCSK Comcast'A'Spl(Non-Vtg)
CP Canadian Pacific Railway
KSU Kansas City Southern
MAS Masco Corp
WOOF VCA Inc
XPO XPO Logistics, 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.
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.