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.
CLGX CoreLogic Inc
EDU New Oriental Educ & Tech Grp
HDS HD Supply Hldg Inc
MSFT Microsoft Corp
RDWR Radware Ltd
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.
TRN Trinity Industries
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.