Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.

Long-side setups

CMG Chipotle Mexican Grill Inc
CORE Core Mark Hldg Co Inc
DIS Disney (Walt) Co
FRGI Fiesta Restaurant Grp Inc
HSY The Hershey Co
IRM Iron Mountain Inc REIT
ODFL Old Dominion Freight Line
QNST QuinStreet Inc

Short-side setups

BEAT BioTelemetry Inc
CIEN Ciena Corp
CSCO Cisco Systems
FLIR Flir Systems
GILD Gilead Sciences
HCSG Healthcare Svcs Grp
HFC HollyFrontier Corporation
HP Helmerich & Payne
KEYS Keysight Tech Inc
LMNX Luminex Corp
PBF PBF Energy Inc Cl A
PLAB Photronics, Inc
PRGO Perrigo Co plc
VLO Valero Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.