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

ANF Abercrombie & Fitch Co'A'
BBWI Bath & Body Works Inc
BIIB Biogen Inc
BK Bank of New York Mellon Corp
BLMN Bloomin' Brands Inc
CC The Chemours Company
COF Cap One Finl
DFS Discover Finl Svcs
KSS Kohl's Corp
LULU Lululemon Athletica Inc
NKE Nike Inc Cl B
SKX Skechers U.S.A. Cl'A'
SYF Synchrony Finl
TJX TJX Companies
TSN Tyson Foods 'A'
VLY Valley National Bancorp

Short-side setups

NKTR Nektar Therapeutics
TMX Terminix Global Hldgs Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.