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

ADP Automatic Data Proc
AES AES Corp
AVT Avnet, Inc
BNED Barnes & Noble Ed Inc
CTRE CareTrust REIT Inc
CVLT CommVault Systems Inc
EL Lauder (Estee) Co
ENVA Enova Intl Inc
EW Edwards Lifesciences Corp
EXPD Expeditors Intl of Washington
HCA HCA Healthcare Inc
HZO Marinemax Inc
IBKR Interactive Brokers Grp Inc
INTU Intuit Inc
JLL Jones Lang Lasalle
LITE Lumentum Hldgs Inc
LIVN LivaNove PLC
NTCT NetScout Systems
OMI Owens & Minor Inc
PAYX Paychex Inc
PM Philip Morris Intl Inc
RLGY Realogy Hldg Corp
SCHW Charles Schwab Corp
WFC Wells Fargo & Company

Short-side setups

CMS CMS Energy
LNT Alliant Energy Corporation
SPGI S&P Glbl Inc
XEL Xcel Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.