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.
CTSH Cognizant Tech Solutions'A'
DGX Quest Diagnostics
FIS Fidelity National Information
GPC Genuine Parts
GT Goodyear Tire & Rub
GWW Grainger (W.W.)
INTU Intuit Inc
IP Intl Paper
LH Laboratory Corp Amer Hldgs
LPX Louisiana-Pacific
LYB LyondellBasell Ind N.V. 'A'
NFLX Netflix Inc
ORLY O'Reilly Automotive, Inc.
RDUS Radius Health Inc
ROL Rollins Inc
SJM Smucker (J.M.)
TSE Trinseo S.A.
UBNT Ubiquiti Networks Inc
WMT Wal-Mart Stores
YUM Yum! Brands 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.
LITE Lumentum Hldgs Inc
NWL Newell Brands Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.