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.
CBT Cabot Corp
GIB CGI Grp
LOCK LifeLock Inc
NUAN Nuance Communications Inc
PBF PBF Energy Inc Cl A
QSII Quality Systems
WUBA 58.com Inc
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.