Absolute Top

Waiting for pullbacks to end

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Pullbacks are part of trend development zones for trend traders. The depth of pullback can be concerning for some but for trend traders, the strategy alongside the money management and understand long term price action removes any emotion.

This week we look at:

ACE
DAL
HD
KR

All the above are in uptrends but we are awaiting fresh breakouts for trend continuations. If price fails to breakout then we will stand aside until price breaks support levels.

Read more about how to deal with pullbacks here

Good trend trading…

Javid Shaik

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