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.
AIRM Air Methods
FOX Twenty-First Century Fox Inc B
INXN InterXion Hldg N.V.
LBTYK Liberty Global plc Cl C
ORI Old Repub Intl
URI United Rentals Inc
YELP Yelp 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.
AMAG AMAG Pharmaceuticals Inc
SBH Sally Beauty Hldgs Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.