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
ASML ASML Hldg N.V. New York
BAK Braskem SA ADS
MSCC Microsemi Corp
NATI Natl Instruments
PRGS Progress Software
PTLA Portola Pharmaceuticals Inc
PYPL PayPal Hldgs Inc
VRTX Vertex Pharmaceuticals
WTW Weight Watchers Intl
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.
DKS Dick's Sporting Goods
SO Southern Co Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.