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.
BURL Burlington Stores Inc
CCL Carnival Corp
EXAS Exact Sciences
MTZ MasTec Inc
PII Polaris Indus
SONC Sonic 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.
AMAG AMAG Pharmaceuticals Inc
HZNP Horizon Pharma PLC
POST Post Hldg Inc
SPB Spectrum Brands Hldg Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.