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.
BLMN Bloomin' Brands Inc
GMED Globus Medical Inc
LZB La-Z Boy
PEG Pub Svc Enterprises
SON Sonoco Products
XRAY Dentsply Sirona 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.
BRKS Brooks Automation
SIG Signet Jewelers Ltd
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.