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.
ALL Allstate Corp
ANTM Anthem Inc
CAH Cardinal Health Inc
HRG HRG Grp Inc
INCY Incyte Corp
JNJ Johnson & Johnson
LH Laboratory Corp Amer Hldgs
PGR Progressive Corporation (The)
ROP Roper Tech Inc
WIX Wix.com Ltd
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.