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.
CMS CMS Energy
IGT Intl Game Tech PLC
LB L Brands Inc
POR Portland General Electric
XEL Xcel Energy
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.
EVH Evolent Health Inc
EXPE Expedia Inc
FEYE FireEye Inc
INT World Fuel Svcs
PAY Verifone Systems Inc
SEMG Semgrp Corp Cl A
TRIP TripAdvisor Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.