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.
AEE Ameren Corp
AEP Amer Electric Pwr
BSAC Banco Santander-Chile ADS
CMS CMS Energy
LMT Lockheed Martin Corp
LNT Alliant Energy Corporation
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.
AIG Amer Intl Grp
CMG Chipotle Mexican Grill Inc
CNK Cinemark Hldg Inc
CXO Concho Resources Inc
LEG Leggett & Platt
LZB La-Z Boy
NWL Newell Brands Inc
PXD Pioneer Natural Resources
ULTA Ulta Beauty Inc
WHR Whirlpool Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.