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.
ABT Abbott Laboratories
ALNY Alnylam Pharmaceuticals
ANTM Anthem Inc
ATHN Athenahealth Inc
CELG Celgene Corp
CI Cigna Corp
CLVS Clovis Oncology Inc
CTLT Catalent Inc
MMC Marsh & McLennan Companies Inc
PFE Pfizer Inc
PNM PNM Resources Inc
TTC Toro Co
VRTX Vertex Pharmaceuticals
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.
CXO Concho Resources Inc
DKS Dick's Sporting Goods
DM Dominion Midstream Prtnrs LP
IGT Intl Game Tech PLC
KYN Kayne Anderson MLP Inv
SEMG Semgrp Corp Cl A
TRGP Targa Resources Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.