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
BDX Becton, Dickinson
BOH Bank Of Hawaii
CHRW C.H. Robinson Worldwide Inc
CPB Campbell Soup
D Dominion Energy Inc
FOXA Twenty-First Century Fox Inc A
HRL Hormel Foods Corp
HSY The Hershey Co
K Kellogg Co
MKC Mccormick & Co
MRCY Mercury Systems Inc
NEM Newmont Goldcorp Corp
SJM Smucker (J.M.)
TAP Molson Coors Beverage Co
Short-side setups
AIZ Assurant Inc
AVGO Broadcom Inc
BF.B Brown-Forman Corp Cl B
CHH Choice Hotels Intl
GME Gamestop Corp
HLT Hilton Worldwide Hldg Inc
PFE Pfizer Inc
RHI Robert Half Intl
SF Stifel Finl
SWX Southwest Gas Hldgs Inc
UNVR Univar Solutions Inc
V Visa Inc
WH Wyndham Hotels & Resorts Inc
WTRG Essential Utilities Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.