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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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    Pro Scan

    Results have been limited to 6 of the 15 matching stocks. For full access to this scan you must subscribe to a Pro Plan
    Symbol Grade Close % Change Volume Vol Surge
    IMDZF 69.3000 -16.30 27,500 2.89
    CDAB 8.8100 -0.56 13,100 2.39
    BKFAF 8.0119 -5.41 7,400 1.79
    TSHR 9.0200 -0.99 15,700 1.29
    PTGCF 1.7558 -11.56 5,100 0.98
    CCHWF 4.9463 5.27 9,500 0.79
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    Related Scans: Pullback Swing Setup Bullish IPO
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