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.
AAWW Atlas Air Worldwide Hldg
AMP Ameriprise Finl Inc
BAK Braskem SA ADS
BBT BB&T Corp
HDB Hdfc Bank ADS
NKE Nike Inc Cl B
OSUR Orasure Technologies
PSX Phillips 66
SPR Spirit Aerosystems Hldgs Inc
SQM Sociedad Quimica Y Minera ADS
TDC Teradata Corp
TRI Thompson Corporation
TROX Tronox Inc
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.
BLMN Bloomin' Brands Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.