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
HDB Hdfc Bank ADS
MSCC Microsemi Corp
PSX Phillips 66
RGLD Royal Gold Inc
TDC Teradata 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.
JCI Johnson Controls Intl Plc
SONC Sonic Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.