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
    XYZ D 2.050 -1.44 45,183 1.16
    RVLY F 2.400 -6.25 124,383 1.06
    MHUB B 1.100 -2.65 29,959 0.96
    SECU D 2.800 -0.36 11,494 0.56
    ELVT D 1.320 -1.49 27,616 0.38
    Related Scans: IPO Pullback Swing Setup Bullish
    Back to All Scans...