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.
CAR Avis Budget Grp
KORS Michael Kors Hldg, Ltd.
LBRDK Liberty Broadband Corp Cl C
LVNTA Liberty Interactive Corp Ser A
WTW Weight Watchers Intl
ZAYO Zayo Grp Hldgs 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.
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.