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.
ACGL Arch Cap Grp
ALL Allstate Corp
BEN Franklin Resources
BKU BankUnited Inc
DFT Dupont Fabros Tech Inc
GEO The GEO Grp Inc
HRC Hill Rom Hldg Inc
JPM JPMorgan Chase & Co
OLED Universal Display Corp
PBH Prestige Brands Hldg Inc
RGA Reisnuran Grp Of America Inc
TMST TimkenSteel Corp
WAT Waters Corp
XL XL Grp Ltd
XRAY Dentsply Sirona 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.