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.
CELG Celgene Corp
EDR Education Realty Trust Inc
JNJ Johnson & Johnson
PF Pinnacle Foods Inc
REXR Rexford Industrial Realty Inc
STOR STORE Cap 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.
KEX Kirby Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.