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
ADS Alliance Data Systems
APD Air Products & Chem Inc
BEN Franklin Res Inc
BF.B Brown-Forman Corp Cl B
CAG Conagra Brands Inc
EVTC Evertec Inc
F Ford Motor
FDX FedEx Corp
GES Guess? Inc
GS Goldman Sachs Grp
GT Goodyear Tire & Rub
HCA HCA Healthcare Inc
KO Coca-Cola Co
MED Medifast Inc
MMC Marsh & McLennan Companies Inc
PEP Pepsico Inc
PPG PPG Indus Inc
SEIC SEI Inv
SM SM Energy Co

Short-side setups

EAT Brinker Intl Inc
EGHT 8x8 Inc
EPAY Bottomline Technologies
RMAX RE/MAX Hldg Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.