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
    NXH D 6.980 -3.86 16,550 1.30
    JET.B C 2.570 -3.02 46,014 0.85
    ODD C 1.040 2.97 35,603 0.72
    PET C 26.300 -0.68 11,926 0.42
    CMC C 1.400 -2.78 2,015,133 0.39
    SLI C 7.380 0.82 114,222 0.35
    LSPK B 8.020 -1.60 24,270 0.31
    Related Scans: IPO Pullback Swing Setup Bullish
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