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

AA Alcoa Corp
ATO Atmos Energy Corp
CAH Cardinal Health Inc
CINF Cincinnati Finl
COP ConocoPhillips
DOW Dow Inc
FANG Diamondback Energy Inc
GL Globe Life Inc
HSY The Hershey Co
KHC The Kraft Heinz Company
LW Lamb Weston Hldgs Inc
MPC Marathon Petro Corp
MRO Marathon Oil Corp
PM Philip Morris Intl Inc
PSX Phillips 66
RE Everest Re Grp
SEE Sealed Air
SLB Schlumberger Ltd
VLO Valero Energy
XOM Exxon Mobil

Short-side setups

BLKB Blackbaud Inc
IART Integra Lifesciences Hldg Corp
TPX Tempur Sealy Intl Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.