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.

      • Related Scans: Pullback Swing Setup Bullish IPO
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    Symbol Grade Close % Change Volume Vol Surge
    TCCPY 12.7300 -0.24 63,400 1.82
    FSDDD 5.2839 7.40 9,900 1.56
    JNBYF 1.3800 -4.83 23,600 1.42
    CDTTF 2.2095 -4.67 13,800 0.89
    IGMBD 2.5100 0.00 2,600 0.74
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    Related Scans: Pullback Swing Setup Bullish IPO
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