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.
ADI Analog Devices
APD Air Products & Chem Inc
BUFF Blue Buffalo Pet Products 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.
CVS CVS Health Corp
LHO Lasalle Hotel Properties
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.