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.
MDU MDU Resources Grp
NOC Northrop Grumman
SCCO Southern Copper Corp
TJX TJX Companies
ZUMZ Zumiez 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.
CHTR Charter Communications Inc
CNSL Consolidated Communications
INSM Insmed, Inc.
MUR Murphy Oil Corp
PBA Pembina Pipeline Corp
TRI Thompson Corporation
TRP Transcanada Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.