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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: Pullback Swing Setup Bullish IPO
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    Results have been limited to 6 of the 14 matching stocks. For full access to this scan you must subscribe to a Pro Plan
    Symbol Grade Close % Change Volume Vol Surge
    OQMGF 1.7230 -0.53 17,900 3.92
    MHPSY 8.6956 -18.73 20,100 3.26
    LTTHF 1.4917 -0.55 77,600 2.82
    DOTDF 1.1100 -14.62 50,000 2.67
    STPGF 1.8227 -0.40 10,000 2.65
    EMMA 3.0700 -12.29 74,200 1.45
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    Related Scans: Pullback Swing Setup Bullish IPO
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