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

AKR Acadia Realty Trust
BTU Peabody Energy Corp
CTSH Cognizant Tech Solutions'A'
DFS Discover Finl Svcs
NOC Northrop Grumman
NYCB New York Community Bancorp
PAA Plains All American Pipeline
PAGP Plains GP Hldgs L.P Cl A
WES Western Midstream Partners LP

Short-side setups

ATHA Athira Pharma Inc
BUD Anheuser-Busch InBev SA/NV
IPOF Social Cap Hedosophia Hldgs VI
PSTH Pershing Square Tontine H
SKLZ Skillz Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.