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.
AEP Amer Electric Pwr
AVGO Broadcom Inc
CHD Church & Dwight
CMS CMS Energy
CNP Centerpoint Energy
DUK Duke Energy Corporation
ES Eversource Energy
ETR Entergy Corp
OGE OGE Energy Corp
PG Procter & Gamble Co
STOR STORE Cap Corp
VIV Telefonica Brazil S.A.
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.
APOG Apogee Enterprises
BX The Blackstone Grp L P
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.