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

AMAT Applied Materials
AN AutoNation Inc
ANTM Anthem Inc
AYI Acuity Brands Inc
CI Cigna Corp
CLF Cleveland-Cliffs Inc
GVA Granite Construction
HE Hawaiian Electric Industries
KSU Kansas City Southern
MCK McKesson Corp
MKSI MKS Instruments
ROK Rockwell Automation
RS Reliance Steel & Aluminum
STLD Steel Dynamics
UNH UnitedHealth Grp Inc
USCR U S Concrete Inc
X U.S. Steel Corporation

Short-side setups

MASI Masimo Corp
TUP Tupperware Brands Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.