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.
AGO Assured Guaranty
BOFI BofI Hldg Inc
GILD Gilead Sciences
NEM Newmont Mining
TDC Teradata Corp
TRI Thompson Corporation
TU Telus Corp
TV Grupo Televisa S.A.GDS
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.
SONC Sonic Corp
TWTR Twitter Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.