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.
CONE CyrusOne Inc
COST Costco Wholesale Corp
CTAS Cintas Corp
DRI Darden Restaurants Inc
HAIN Hain Celestial Grp Inc
HIG Hartford Finl Svcs Grp
HLT Hilton Worldwide Hldg Inc
MKTX MarketAxess Hldg Inc
MMC Marsh & McLennan Companies Inc
USCR U S Concrete 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.
OXY Occidental Petro Corp
SIG Signet Jewelers Ltd
SKT Tanger Factory Outlet Centers
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.