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.
ANTM Anthem Inc
BRKR Bruker Corporation
CLR Continental Resources Inc
FNF Fidelity Natl Finl Inc
HON Honeywell Intl
NDAQ NASDAQ Inc
NKTR Nektar Therapeutics
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.
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.