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.
ALXN Alexion Pharmaceuticals
AMP Ameriprise Finl Inc
AN AutoNation Inc
BC Brunswick Corp
CIT CIT Grp Inc
COL Rockwell Collins
DRE Duke Realty
EWBC East West Bancorp
FRC First Repub Bank
GWRE Guidewire Software Inc
HBHC Hancock Hldg
PACW PacWest Bancorp
RJF Raymond James Finl
SAVE Spirit Airlines Inc
SCSS Select Comfort
ST Sensata Technologies Hldg N.V.
STT State Street Corp
SYKE Sykes Enterprises
UPS United Parcel'B'
WAG Walgreen Co
YRCW YRC Worldwide 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.