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.
EL Lauder (Estee) Co
FIVE Five Below Inc
GCO Genesco Inc
OLLI Ollies Bargain Outlet Hldgs
PAA Plains All American Pipeline
SEDG SolarEdge Tech Inc
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.
CALA Calithera Biosciences Inc
HAIN Hain Celestial Grp Inc
LNTH Lantheus Hldgs Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.