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.
EDU New Oriental Educ & Tech Grp
FB Facebook Inc
NXPI NXP Semiconductors N.V.
WMGI Wright Medical Grp NV
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.
BGS B&G Foods Inc
BIG Big Lots Inc
FPRX Five Prime Therapeutics Inc
FSLR First Solar Inc
PANW Palo Alto Networks Inc
SBH Sally Beauty Hldgs Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.