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.
BZUN Baozun Inc ADS
COH Coach Inc
CTLT Catalent Inc
HA Hawaiian Hldg Inc
PM Philip Morris Intl Inc
TGI Triumph Grp
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.
APC Anadarko Petro
CRZO Carrizo Oil & Gas
DO Diamond Offshore Drilling
NLSN Nielsen Hldgs Plc
PDCE PDC Energy Inc
TRIP TripAdvisor Inc When-Issued
VR Validus Hldgs Ltd
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.