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.
AA Alcoa Corp
BAH Booz Allen Hamilton Hldg Cp
BURL Burlington Stores Inc
CRI Carter's Inc
DSW DSW Inc
FDS FactSet Research Systems Inc
GNTX Gentex Corp
JBHT Hunt(J.B.)Transport
KAR KAR Auction Svcs Inc
LAZ Lazard Ltd
PX PraxAir Inc
RES RPC Inc
ZUMZ Zumiez 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.