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.
ADMS Adamas Pharmaceuticals Inc
BRKR Bruker Corporation
DFS Discover Finl Svcs
FLXN Flexion Therapeutics Inc
GNTX Gentex Corp
LEA Lear Corporation
LOW Lowe's Cos
NKTR Nektar Therapeutics
PX PraxAir Inc
RES RPC 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.
COH Coach Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.