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
BKNG Booking Hldgs Inc
COST Costco Wholesale Corp
CTAS Cintas Corp
DY Dycom Industries Inc
ECPG Encore Cap Grp
ENSG The Ensign Grp Inc
GES Guess? Inc
GME Gamestop Corp
GWW Grainger (W.W.)
HON Honeywell Intl
HSY The Hershey Co
LKQ LKQ Corp
MKC Mccormick & Co
MRK Merck & Co
NUE Nucor Corp
OMI Owens & Minor Inc
PRAA PRA Grp Inc
RYN Rayonier Inc
SLGN Silgan Hldg
STC Stewart Information Sv
TFX Teleflex Inc
VZ Verizon Communications
WMT Wal-Mart Stores
YUM Yum! Brands Inc
Short-side setups
CEIX Consol Mining Corp
JW.A Wiley(John)Sons 'A'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.