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.
ALLE Allegion plc
ARI Apollo Commercial RE Fin Inc
BITA Bitauto Hldg Ltd
BYD Boyd Gaming
CBM Cambrex Corp
CHTR Charter Communications Inc
FNF Fidelity Natl Finl Inc
IFF Intl Flavors/Fragr
IP Intl Paper
KBH KB Home
POL Polyone Corp
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.
SNCR Synchronoss Technologies Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.