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.
IPXL Impax Laboratories Inc
VNDA Vanda Pharmaceutical
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.
CMP Compass Minerals Intl
FN Fabrinet
INCY Incyte Corp
NWL Newell Brands Inc
SKX Skechers U.S.A. Cl'A'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.