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.
FE FirstEnergy Corp
IGT Intl Game Tech PLC
LPT Liberty Ppty Trust
NTES Netease Inc Ads
SPLK Splunk Inc
YY YY 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.
ACHC Acadia Healthcare Co, Inc
CNSL Consolidated Communications
EVH Evolent Health Inc
GKOS Glaukos Corp
JCI Johnson Controls Intl Plc
PBH Prestige Brands Hldg Inc
SBH Sally Beauty Hldgs Inc
SRCL Stericycle Inc
SYMC Symantec Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.