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.
FIS Fidelity National Information
FIZZ National Beverage Corp
ICLR Icon Plc
MELI Mercadolibre Inc
MTN Vail Resorts
STE STERIS plc
TSS Total System Svcs
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.
DISCA Discovery Communications Inc
DISCK Discovery Comm Inc Ser C
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.