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.
AGCO Agco Corp
APO Apollo Global Mgt LLC
ELLI Ellie Mae Inc
ESNT Essent Grp Ltd
GGAL Grupo Financiero Galicia ADS
INCY Incyte Corp
OAK Oaktree Cap Grp LLC
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.
GE General Electric Co
QCOM Qualcomm Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.