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.
HUM Humana Inc
KORS Michael Kors Hldg, Ltd.
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.
NUVA NuVasive Inc
SEAS SeaWorld Entertainment Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.