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.
Long-side setups
ABT Abbott Laboratories
BCC Boise Cascade Co
BSX Boston Scientific Corporation
COHU Cohu Inc
DVA DaVita Inc
EW Edwards Lifesciences Corp
EXPO Exponent Inc
LEG Leggett & Platt
LOCO El Pollo Hldgs Inc
RYN Rayonier Inc
SPGI S&P Glbl Inc
TFX Teleflex Inc
TROW T.Rowe Price Grp
UCTT Ultra Clean Hldg
Short-side setups
EXPR Express Inc
JCOM J2 Global Communications, Inc.
TR Tootsie Roll Industries Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.