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.
CMA Comerica Inc
CRI Carter's Inc
FBHS Fortune Brands Home & Security
NSC Norfolk Southern
ODFL Old Dominion Freight Line
RES RPC Inc
UNP Union Pacific 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.
HIIQ Health Insurance Innovations
HOLX Hologic Inc
ICPT Intercept Pharmaceuticals Inc
MDT Medtronic plc
TAP Molson Coors Brewing Co Cl 'B'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.