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.
AEL Amer Equity Inv Life
AER Aercap Hldg NV
NKE Nike Inc Cl B
RH Restoration Hardware Hldg
STZ Constellation Brands 'A'
TWTR Twitter 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
LOW Lowe's Cos
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.