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.
ALV Autoliv Inc
GILD Gilead Sciences
GMED Globus Medical Inc
MIK The Michaels Companies Inc
MNTA Momenta Pharmaceuticals
MTZ MasTec Inc
PTCT PTC Therapeutics Inc
PVH PVH Corp.
SFM Sprouts Farmers Mkts Inc
STX Seagate Tech
THC Tenet Healthcare
TSS Total System Svcs
UHS Univl Health Svs'B'
VAR Varian Medical Systems Inc
XRX Xerox Corp
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.
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.