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.
CNC Centene Corp
FCN FTI Consulting
MOH Molina Healthcare
NLS Nautilus Inc
TR Tootsie Roll Industries 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.
ERA Era Grp Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.