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

EXC Exelon Corp
FLOW SPX Flow Inc
FOXF Fox Factory Hldng Corp
GMED Globus Medical Inc
IFF Intl Flavors/Fragr
LXU LSB Industries, Inc
MAA Mid-Amer Apt Communities, Inc.
MMSI Merit Medical Systems
NAVI Navient Corp
PEP Pepsico Inc
SYK Stryker Corp
THRM Gentherm Inc
XLNX Xilinx Inc

Short-side setups

PRLB Proto Labs Inc
SMTC Semtech Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.