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.
BSAC Banco Santander-Chile ADS
JBHT Hunt(J.B.)Transport
PCG PG&E Corp
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.
CAG Conagra Brands Inc
CNK Cinemark Hldg Inc
CXO Concho Resources Inc
DNOW NOW Inc
DRQ Dril-Quip Inc
HOLX Hologic Inc
HP Helmerich & Payne
SJM Smucker (J.M.)
ULTA Ulta Beauty Inc
WAB Wabtec Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.