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.
ALNY Alnylam Pharmaceuticals
CDNS Cadence Design Systems
ESPR Esperion Therapeutics Inc
HTZ Hertz Global Hldgs
PKI Perkinelmer Inc
QUOT Quotient Tech Inc
RJF Raymond James Finl
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.
MNTA Momenta Pharmaceuticals
NKE Nike Inc Cl B
NUVA NuVasive Inc
PLAY Dave & Busters Entertainment
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.