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

ASO Academy Sports and Outdoors
BDX Becton, Dickinson
BTU Peabody Energy Corp
CUBE CubeSmart
EXR Extrage Space Storage Inc
GNOG Golden Nugget Onl Gam
ILMN Illumina Inc
LNT Alliant Energy Corporation
LSI Life Storage Inc
LXP Lexington Realty Trust
NSA Natl Storage Affiliates Tr
PSA Pub Storage
SO Southern Co Inc

Short-side setups

CARA Cara Therapeutics Inc
CCXI ChemoCentryx Inc
GSAH GS Acquisition H
LGF.A Lions Gate Entertainmnt Corp A
NKLA Nikola Corp
OPEN Opendoor Tech Inc
SABR Sabre Corp
UBER Uber Technologies Inc
USFD US Foods Hldg Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.