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Stocks Making: Hot IPO Pullback on

Rules (via 'Hit & Run Trading II'):
  • Stock must trade at least 15% above its offering price within its first five days of trading.
  • Then wait for a two - to - four day pullback. This could be any combination of lower lows, lower closes, inside days, etc.
  • After the second, third or fourth pullback day buy 5 cents above the previous day's high.
  • Place your initial protective stop at the previous day's low.
  • Hold the position from one to five days using trailing stops.
    1. Related Scans: IPO Pullback Swing Setup Bullish
      Or combine this in a: Combo Scan or a Back-To-Back Scan

    Symbol Grade Close % Change Volume Vol Surge
    ACX D 6.530 0.00 62,730 1.15
    AOV D 5.590 -1.76 55,372 1.11
    COP.U D 8.330 -3.14 10,200 0.53
    Related Scans: IPO Pullback Swing Setup Bullish
    Or combine this in a: Combo Scan or a Back-To-Back Scan
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