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

ORCL Oracle Corp

Short-side setups

ATVI Activision Blizzard Inc
BHC Bausch Health Companies Inc
CAH Cardinal Health Inc
DOW Dow Inc
EHC Encompass Health Corp
FTDR Frontdoor, Inc. Common Stock
GBDC Golub Cap BDC Inc
HTGC Hercules Cap Inc
JWN Nordstrom Inc
PRGO Perrigo Co plc
QSR Restaurant Brands Intl Inc
VSH Vishay Intertech
WDC Western Digital

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.