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
    TKFTF 22.0829 -1.96 14,100 5.06
    CRAWA 14.0000 -22.22 1,800 1.61
    TIIAY 5.6400 0.89 294,900 1.15
    PSKRF 5.6255 -1.04 17,100 1.03
    BHPA 6.1000 0.49 800 0.80
    JSHHF 1.9936 -1.64 8,900 0.71
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    Related Scans: Pullback Swing Setup Bullish IPO
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