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.
ANET Arista Networks
ENTA Enanta Pharmaceuticals Inc
GLNG Golar Lng Ltd
IMS IMS Health Hldg Inc
KBR KBR Inc
PANW Palo Alto Networks Inc
SGEN Seattle Genetics
ZBRA Zebra Technologies'A'
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.