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: Pullback Swing Setup Bullish IPO
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    Symbol Grade Close % Change Volume Vol Surge
    JXHGF 4.0648 -13.51 15,400 4.69
    JUSHF 1.6897 4.70 66,500 3.68
    SOMMF 4.4120 -2.39 12,000 2.71
    SWRBF 1.5500 -18.85 6,300 2.02
    AMCCF 9.4000 -5.05 150,100 1.30
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    Related Scans: Pullback Swing Setup Bullish IPO
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