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.
CREE Cree Inc
OSK Oshkosh Corp (Hldg Co)
RDN Radian Grp
TMHC Taylor Morrison Home Corp
VMW VMWARE 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.
HCN Welltower Inc
NTCT NetScout Systems
OII Oceaneering Intl
VTR Ventas Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.