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.
AJRD Aerojet Rocketdyne Hldgs Inc
CIEN Ciena Corp
FN Fabrinet
LOCO El Pollo Hldgs Inc
TDS Telephone & Data Systems 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.
ABBV AbbVie Inc
AVA Avista Corp
BGG Briggs & Stratton
CONE CyrusOne Inc
MO Altria Grp
PFE Pfizer Inc
TLRD Tailored Brands Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.