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.
BAH Booz Allen Hamilton Hldg Cp
BCOR Blucora Inc
FANG Diamondback Energy Inc
FDS FactSet Research Systems Inc
JBHT Hunt(J.B.)Transport
KAR KAR Auction Svcs Inc
NSC Norfolk Southern
PCH Potlatch Corp
RES RPC Inc
SKYW SkyWest Inc
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
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.