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

ARW Arrow Electronics
BMY Bristol-Myers SQUIBB
CVS CVS Health Corp
DXC DXC Technology Company
EMN Eastman Chemical
HSC Harsco Corp
IQV IQVIA Hldgs Inc
JPM JPMorgan Chase & Co
LNT Alliant Energy Corporation
NEM Newmont Corp
OKE Oneok Inc
PLAB Photronics, Inc
PRAH PRA Health Sciences Inc
PRFT Perficient Inc
SCHW Charles Schwab Corp

Short-side setups

OLLI Ollies Bargain Outlet Hldgs
PRLB Proto Labs Inc
SLAB Silicon Laboratories
VC Visteon Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.