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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: IPO Bullish Swing Setup Pullback
      Or combine this in a: Combo Scan or a Back-To-Back Scan
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    Pro Scan

    Results have been limited to 7 of the 18 matching stocks. For full access to this scan you must sign up for a Free Account
    Symbol Grade Close % Change Volume Vol Surge
    ILLMF B 1.3700 -6.16 107,100 4.13
    HAWLM C 11.0000 -0.72 4,800 3.65
    PTMEY D 3.1600 -5.67 3,879 3.28
    GRPTY B 30.4860 -12.27 2,700 2.70
    FFBB C 68.9700 -0.19 7,700 2.11
    HAWLI C 9.5000 -13.64 3,200 1.48
    ACFND B 6.5100 -0.61 1,500 1.30
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    Related Scans: IPO Bullish Swing Setup Pullback
    Or combine this in a: Combo Scan or a Back-To-Back Scan
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