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
CENX Century Aluminum
DIS Disney (Walt) Co
DNKN Dunkin' Brands Grp Inc
GLNG Golar Lng Ltd
SHAK Shake Shack Inc
THO Thor Indus
URBN Urban Outfitters
XLRN Acceleron Pharma 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.
FN Fabrinet
PPL PPL Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.