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.
BMO Bank Of Montreal
FLXN Flexion Therapeutics Inc
KITE Kite Pharma Inc
NFG Natl Fuel Gas
PTLA Portola Pharmaceuticals Inc
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.
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.