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

ABC AmeriSourceBergen Corp
ACHC Acadia Healthcare Co, Inc
ALGT Allegiant Travel Co
BKE The Buckle Inc
CERN Cerner Corp
CTRE CareTrust REIT Inc
DRI Darden Restaurants Inc
HOLX Hologic Inc
LH Laboratory Corp Amer Hldgs
MDP Meredith Corp
NDAQ NASDAQ Inc
QNST QuinStreet Inc
SIG Signet Jewelers Ltd

Short-side setups

BRO Brown & Brown
CHRW C.H. Robinson Worldwide Inc
JKHY Henry(Jack) & Assoc
NDSN Nordson Corp
PRAA PRA Grp Inc
RNR RenaissanceRe Hldg

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.