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.
ASGN On Assignment Inc
BA Boeing Co
CNK Cinemark Hldg Inc
CR Crane Co
LM Legg Mason Inc
MHFI McGraw-Hill Finl Inc
MSCI MSCI Inc
NOC Northrop Grumman
RBC Regal Beloit
SKX Skechers U.S.A. Cl'A'
TSCO Tractor Supply
WAB Wabtec Corp
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.
CMLP Crestwood Mindstream LP
MAT Mattel, Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.