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.
CLX Clorox Co
SHLD Sears Hldg 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.
ANF Abercrombie & Fitch Co'A'
CMA Comerica Inc
HUBG Hub Grp 'A'
TMK Torchmark Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.