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
AAP Advance Auto Parts Inc
BBY Best Buy
DHI D.R. Horton
DHR Danaher Corp
GLW Corning Inc
KBH KB Home
KIRK Kirkland's Inc
LAD Lithia Motors, Inc.
LEN Lennar Corp A
LL Lumber Liquidators Hldgs Inc
MTH Meritage Homes Corporation
PENN Penn National Gaming
PHM PulteGrp, Inc
SEE Sealed Air
TGT Target Corp
TOL Toll Brothers
TPH TRI Pointe Grp Inc
UFPI UFP Industries Inc
WHR Whirlpool Corp
WSM Williams-Sonoma
Short-side setups
CATO Cato Corp
EVRG Evergy Inc
JBGS JBG SMITH Pptys
TCMD Tactile Systems Tech Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.