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

ADNT Adient plc
ALL Allstate Corp
ASH Ashland Glbl Hldgs Inc
BF.B Brown-Forman Corp Cl B
CC The Chemours Company
CNSL Consolidated Communications
INVA Innoviva Inc
IPG Interpub Grp Cos
LYB LyondellBasell Ind N.V.
MSI Motorola Inc
MTDR Matador Resources Co
NTRS Northern Trust
NVT nVent Electric PLC W/I
PBH Prestige Consumer Healthcare I
PRGO Perrigo Co plc
RF Regions Finl Corporation
SCHW Charles Schwab Corp

Short-side setups

ABT Abbott Laboratories
DY Dycom Industries Inc
HLIT Harmonic Inc
NRG NRG Energy Inc
STRA Strategic Education Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.