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

FOXA Twenty-First Century Fox Inc A
MGY Magnolia Oil & Gas
TENB Tenable Holdings Inc
TSN Tyson Foods 'A'
WMB Williams Companies

Entry on a break of the previous trading day's low. Stop above the deepest pullback high. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.

Short-side setups

HSC Harsco Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.