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 5 of the 13 matching stocks. For full access to this scan you must sign up for a Free Account
    Symbol Grade Close % Change Volume Vol Surge
    BYYLF 1.9000 -2.56 24,700 10.61
    PKDC 13.6000 -8.42 22,200 1.27
    INBC 10.1000 1.00 3,100 1.11
    UELKY 34.9100 -11.91 1,701 0.83
    BYMOF 55.4516 -12.56 700 0.60
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    Related Scans: Pullback Swing Setup Bullish IPO
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