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.
CBRL Cracker Barrel Old Country St
CNC Centene Corp
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.
AAN Aaron's Inc
ALXN Alexion Pharmaceuticals
ATHM Autohome Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.