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.
AMCX AMC Networks Inc Cl A
BZUN Baozun Inc ADS
CDNS Cadence Design Systems
DDS Dillard's Inc'A'
ENTG Entegris Inc
FB Facebook Inc
JKS JinkoSolar Hldg Co Ltd
PRGS Progress Software
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.