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

BDX Becton, Dickinson
BJ BJ's Wholesale Club Holdings
CAG Conagra Brands Inc
CL Colgate-Palmolive Co
CLX Clorox Co
COST Costco Wholesale Corp
CPB Campbell Soup
DGX Quest Diagnostics
DLR Digital Realty Trust Inc
HRL Hormel Foods Corp
JNJ Johnson & Johnson
K Kellogg Co
KR Kroger Co
LH Laboratory Corp Amer Hldgs
MDLZ Mondelez Int'l Inc Cl A
MKC Mccormick & Co
SJM Smucker (J.M.)
TMO Thermo Fisher Scientific Inc
WEC WEC Energy Group Inc

Short-side setups

ADI Analog Devices
APA APA Corp
APPS Digital Turbine Inc
ATVI Activision Blizzard Inc
AXP American Express Co
BA Boeing Co
BSX Boston Scientific Corporation
CCL Carnival Corp
COP ConocoPhillips
CZR Caesars Entertainment Corp
DAL Delta Airlines Inc
DIS Disney (Walt) Co
DISCA Discovery Inc Ser A
DOW Dow Inc
DVN Devon Energy
EOG EOG Resources
FIS Fidelity National Information
GPN Global Payments Inc
GT Goodyear Tire & Rub
HAL Halliburton Co
JWN Nordstrom Inc
LUV Southwest Airlines Co
LYB LyondellBasell Ind N.V.
MGM MGM Resorts Intl
MOS The Mosaic Co (New)
NCLH Norwegian Cruise Line Hldg
O Realty Income
OXY Occidental Petro Corp
PENN Penn National Gaming
RCL Royal Caribbean Cruises
RUN Sunrun Inc
SBUX Starbucks Corp
SLB Schlumberger Ltd
SYY Sysco Corp
TRIP TripAdvisor Inc When-Issued
UAL United Airlines Hldgs Inc
VLO Valero Energy
WMT Walmart Inc
WYNN Wynn Resorts Ltd
XOM Exxon Mobil

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.