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.
EMN Eastman Chemical
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.
CP Canadian Pacific Railway
ETR Entergy Corp
HSY The Hershey Co
NSM Nationstar Mortgage Hldg
SWIR Sierra Wireless
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.