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.
BECN Beacon Roofing Supply Inc
BLMN Bloomin' Brands Inc
GIII G-III Apparel Grp Ltd
GMED Globus Medical Inc
LZB La-Z Boy
PPC Pilgram's Pride Corp
SON Sonoco Products
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.
CLVS Clovis Oncology Inc
CRTO Criteo S.A. ADS
TVPT Travelport Worldwide Ltd
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.