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.
ALL Allstate Corp
AON Aon Plc
CB The Chubb Corp
DE Deere & Co
ED Consolidated Edison
LNT Alliant Energy Corporation
MMC Marsh & McLennan Companies Inc
PM Philip Morris Intl Inc
PNM PNM Resources Inc
STT State Street Corp
TTC Toro Co
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.
BPL Buckeye Ptnrs L.P.
EEP Enbridge Energy Ptnrs L.p.
ENLC Enlink Midstream LLC
MMP Magellan Midstream Partners LP
PAA Plains All American Pipeline
PAGP Plains GP Hldgs L.P Cl A
RRC Range Resources
RSPP RSP Permian Inc
SEP Spectra Energy Partners
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.