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.
CI Cigna Corp
CXO Concho Resources 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.
AMAG AMAG Pharmaceuticals Inc
ARR ARMOUR Residential REIT
CHD Church & Dwight
CVS CVS Health Corp
FN Fabrinet
MOMO Momo Inc ADS
PG Procter & Gamble Cc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.