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.
CVX Chevron Corporation
ENR Energizer Hldgs Inc
GRFS Grifols SA ADS
KBH KB Home
MSB Mesabi Tr Ctfs SBI
MTDR Matador Resources Co
TWTR Twitter Inc
XEC Cimarex Energy
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.
PNM PNM Resources Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.