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.
ALGN Align Tech
BRKR Bruker Corporation
MB Mindbody Inc Cl A
PX PraxAir Inc
VRSN Verisign Inc
XRAY Dentsply Sirona 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.
MRK Merck & Co
PZZA Papa John's Intl
TSRO TESARO Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.