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.
FSLR First Solar Inc
MTCH Match Grp Inc
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.
AMC AMC Entertainment Hldg Inc
COF Cap One Finl
FPRX Five Prime Therapeutics Inc
TIME Time Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.