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.
AKAM Akamai Technologies
AVAV AeroVironment Inc
DIS Disney (Walt) Co
SERV ServiceMaster Glbl Hldgs Inc
ST Sensata Technologies Hldg N.V.
STI SunTrust Banks
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.