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

BJRI BJ's Restaurants Inc
CHUY Chuy's HldgInc
FRGI Fiesta Restaurant Grp Inc
GNW Genworth Finl Inc
NKE Nike Inc Cl B
NLS Nautilus Inc
O Realty Income
PM Philip Morris Intl Inc
SHAK Shake Shack Inc
STZ Constellation Brands 'A'
VRA Vera Bradley Inc
WM Waste Mgt Inc

Short-side setups

CNC Centene Corp
CVS CVS Health Corp
HCSG Healthcare Svcs Grp
HII Huntington Ingalls Industries
KEX Kirby Corp
MRCY Mercury Systems Inc
PLAB Photronics, Inc
STRA Strategic Education Inc
TILE Interface Inc
TRHC Tabula Rasa HealthCare Inc
VREX Varex Imaging Corp
WBA Walgreen Boots Alliance Inc
XPER Xperi Hldg Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.