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

    Symbol Grade Close % Change Volume Vol Surge
    NOVC F 2.620 -2.96 52,319 1.12
    G D 2.500 -2.34 27,979 0.79
    CARE C 17.280 0.82 168,728 0.78
    APM D 1.290 -0.77 20,510 0.56
    BRMI F 8.520 0.12 6,283 0.40
    TRBE C 4.750 -1.04 2,101 0.17
    MFG C 1.870 -1.58 24,505 0.15
    ZAC C 1.250 -3.85 46,509 0.14
    Related Scans: IPO Pullback Swing Setup Bullish
    Back to All Scans...