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.
CAB Cabela's Inc
LGIH LGI Homes Inc
LILAK Liberty Glbl plc LiLAC Cl C
OSUR Orasure Technologies
SEP Spectra Energy Partners
VLRS Controladora Vuela Compa de Av
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.
FRGI Fiesta Restaurant Grp Inc
HDS HD Supply Hldg Inc
RBA Ritchie Bros Auctioneers
SCG Scana Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.