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.
ABBV AbbVie Inc
AET Aetna Inc
CAH Cardinal Health Inc
DHI D.R. Horton
HRB Block (H&R)
KATE Spade & Co
KBH KB Home
LH Laboratory Corp Amer Hldgs
LOW Lowe's Cos
OC Owens Corning
ORCL Oracle Corp
TMO Thermo Fisher Scientific Inc
TOL Toll Brothers
VRTX Vertex Pharmaceuticals
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.