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.
ADP Automatic Data Proc
AIRM Air Methods
AMT American Tower Corp
BURL Burlington Stores Inc
CGNX Cognex Corp
DBD Diebold Nixdorf Inc
FNGN Finl Engines Inc
GXP Great Plains Energy Inc
MTN Vail Resorts
SGMS Scientific Games Cl'A'
TMST TimkenSteel Corp
UNVR Univar Inc
VNTV Vantiv 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.