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.
AAPL Apple Inc
COMM CommScope Hldg Co Inc
DIS Disney (Walt) Co
EDU New Oriental Educ & Tech Grp
NXPI NXP Semiconductors N.V.
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.
FLT Fleetcor Technologies Inc
FSLR First Solar Inc
LULU Lululemon Athletica Inc
PRGO Perrigo Co plc
SBH Sally Beauty Hldgs Inc
WEX WEX Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.