Moody's Corp,, pullback

Uptrend
As is mentioned several times, working on pullbacks is one of the best strategies. Firstly. they are usually in a good trend. secondly after getting position, you will have a good and small spot for setting up the SL.
As you see in the chart, there is a breakout and followed by a pullback, there is an engulf bull candle as a trigger to enter a buying position.
Trend Analysis

Disclaimer