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

AHH Armada Hoffler Properties Inc
BCEI Bonanza Creek Energy Inc
BRK.B Berkshire Hathaway'B'
CE Celanese Corporation
CLB Core Laboratories N.V.
CMC Commercial Metals
CNSL Consolidated Communications
CNX Consol Energy Inc
CVX Chevron Corporation
DOW Dow Inc
EMN Eastman Chemical
GWB Great Western Bancorp Inc
HFC HollyFrontier Corporation
IP Intl Paper
JPM JPMorgan Chase & Co
KBR KBR Inc
LYB LyondellBasell Ind N.V.
MCY Mercury General Corp
MRO Marathon Oil Corp
NR Newpark Resources
NSC Norfolk Southern
OIS Oil States Intl Inc
PFG Principal Finl Grp
PTEN Patterson-UTI Energy
PUMP ProPetro Hldg Corp
PVAC Penn VA Corp
RES RPC Inc
RIG TransOcean Ltd
SFNC Simmons First Natl Corp
SLCA US Silica Hldg Inc
SPTN SpartanNash Co
STT State Street Corp
TSE Trinseo S.A.
UBSI United Bankshs
UNM Unum Grp
VECO Veeco Instruments
VGR Vector Grp Ltd
VLO Valero Energy
WRK Westrock Co
XOM Exxon Mobil

Short-side setups

AMED Amedisys Inc
AMT American Tower Corp
ANSS Ansys Inc
BF.B Brown-Forman Corp Cl B
CERN Cerner Corp
COR CoreSite Realty Corp
CPRT Copart Inc
DPZ Domino's Pizza
EQIX Equinix Inc REIT
FSLR First Solar Inc
MKC Mccormick & Co
MRCY Mercury Systems Inc
MRK Merck & Co
NVDA Nvidia Corp
OLED Universal Display Corp
REGN Regeneron Pharmaceuticals
STMP Stamps.com Inc
ZTS Zoetis Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.