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.
AET Aetna Inc
ALL Allstate Corp
ANTM Anthem Inc
AXTA Axalta Coating Systems Ltd
DHI D.R. Horton
JNJ Johnson & Johnson
KBH KB Home
LH Laboratory Corp Amer Hldgs
MKC Mccormick & Co
ORCL Oracle Corp
PF Pinnacle Foods Inc
PGR Progressive Corporation (The)
TOL Toll Brothers
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.