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.
CSL Carlisle Cos
HLT Hilton Worldwide Hldg Inc
IEX Idex Corp
JBLU JetBlue Airways
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.
QUOT Quotient Tech Inc
SIG Signet Jewelers Ltd
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.