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

ABG Asbury Automotive
ADS Alliance Data Systems
ALGN Align Tech
AMCX AMC Networks Inc Cl A
COTY Coty Inc
CUZ Cousins Properties
DLTR Dollar Tree Inc
FOX Twenty-First Century Fox Inc B
FOXA Twenty-First Century Fox Inc A
HQY HealthEquity Inc
LUV Southwest Airlines Co
M Macy's, Inc.
MSTR Microstrategy Inc'A'
RJF Raymond James Finl
SAFM Sanderson Farms Inc
SBNY Signature Bank
SSTK Shutterstock Inc
SUP Superior Indus Intl
TPX Tempur Sealy Intl Inc
TRIP TripAdvisor Inc
WFC Wells Fargo & Company

Short-side setups

KR Kroger Co
TREE LendingTree Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.