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.
CRI Carter's Inc
FBHS Fortune Brands Home & Security
JBHT Hunt(J.B.)Transport
UCTT Ultra Clean Hldg
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.
CATM Cardtronics plc Inc Cl A
ICPT Intercept Pharmaceuticals Inc
KR Kroger Co
MDT Medtronic plc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.