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.
PNK Pinnacle Entertainment
RH Restoration Hardware Hldg
THOR Thoratec Corp
ULTA Ulta Salon Cosmetics&Fragrance
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.
EMLP First Tr N Amer Energy Infrast
EQT EQT Corporation
KMI Kinder Morgan Inc
OGE OGE Energy
PAA Plains All American Pipeline
TRP Transcanada Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.