Stocks Making: Hot IPO Pullback on 2017-11-17

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: Swing Setup Pullback IPO Bullish

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    Symbol Grade Name % Change Volume Vol Surge
    QD Grade f Qudian Inc -9.05 7,195,900 1.00
    BAND Grade d Bandwidth Inc. -9.20 526,600 0.82
    STNLU Grade b Sentinel Energy Services Inc. - Unit 0.30 242,300 0.38
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