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.
CBOE CBOE Glbl Mkts Inc
GEF Greif Inc 'A'
LAZ Lazard Ltd
PII Polaris Indus
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.
ABM Abm Indus Inc
GKOS Glaukos Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.