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.
DAR Darling Ingredients Inc
DEI Douglas Emmett Inc
ETSY Etsy Inc
HIW Highwoods Properties
LSI Life Storage Inc
MSGN MSG Networks Inc
NYT New York Times'A'
SNH Senior Housing Prop Trust
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.
PETS PetMed Express
SBUX Starbucks Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.