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.
AMZN Amazon.com Inc
BRKR Bruker Corporation
QCOM Qualcomm Inc
SPLK Splunk Inc
THO Thor Indus
VRSN Verisign 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.
BPL Buckeye Ptnrs L.P.
TSRO TESARO Inc
TV Grupo Televisa S.A.GDS
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.