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
COST Costco Wholesale Corp
FOX Twenty-First Century Fox Inc B
FOXA Twenty-First Century Fox Inc A
LAZ Lazard Ltd
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.
LJPC La Jolla Pharmaceutical Co
SWKS Skyworks Solutions
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.