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.
BMY Bristol-Myers SQUIBB
CLDX Celldex Therapeutics Inc
GOGO GoGo Inc
IVZ Invesco Ltd
SC Santander Consumer USA Hldgs
UNH UnitedHealth Grp Inc
WERN Werner Enterprises
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.
DAR Darling Ingredients Inc
POT Potash Corp Saskatchewan
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.