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.
A Agilent Technologies Inc
ARMK Aramark
BRKR Bruker Corporation
CXO Concho Resources Inc
GBT Glbl Blood Therapeutics Inc
LAMR Lamar Advertising Co Cl A REIT
MSI Motorola Inc
POL Polyone Corp
RDS.A Royal Dutch Shell 'A'
SHLM Schulman (A.)
VRSK Verisk Analytics 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
FN Fabrinet
MIK The Michaels Companies Inc
PG Procter & Gamble Cc
T AT&T Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.