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.
BRKR Bruker Corporation
CMI Cummins Inc
DNKN Dunkin' Brands Grp Inc
JUNO Juno Therapeutics Inc
KMT Kennametal, Inc
MET Metlife Inc
PTC PTC 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.
MRK Merck & Co
SLG SLGreen Realty
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.