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

ADM Archer-Daniels-Midland
BKR Baker Hughes a GE Co Cl A
CF CF Industries Hldgs Inc
D Dominion Energy Inc
DUK Duke Energy Corporation
EXC Exelon Corp
FE FirstEnergy Corp
FLR Fluor Corp
GD General Dynamics Corp
HAL Halliburton Co
HII Huntington Ingalls Industries
HSY The Hershey Co
KBR KBR Inc
KHC The Kraft Heinz Company
KR Kroger Co
LDOS Leidos Hldg Inc
LHX L3Harris Technologies Inc
LMT Lockheed Martin Corp
NEM Newmont Corp
NOC Northrop Grumman
NWE NorthWestern Corporation
OFC Corporate Office Prop Tr
OGS ONE Gas Inc
PDCO Patterson Companies
RYN Rayonier Inc
SAIC Science App's Int'l Corp
SR Spire Inc
VNO Vornado Realty Trust
XEL Xcel Energy

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

AAPL Apple Inc
AMAT Applied Materials
AMD Advanced Micro Devices Inc
BA Boeing Co
BAC Bank of America Corporation
BK Bank of New York Mellon Corp
C Citigrp Inc
DAL Delta Airlines Inc
DIS Disney (Walt) Co
DISCA Discovery Inc Ser A
EBAY eBay Inc
FB Meta Platforms Inc
GM General Motors Co
HPQ HP Inc
INTC Intel Corp
IVZ Invesco Ltd
JPM JPMorgan Chase & Co
KEY KeyCorp
LUV Southwest Airlines Co
LVS Las Vegas Sands Corp
MDLZ Mondelez Int'l Inc Cl A
MS Morgan Stanley
MSFT Microsoft Corp
MU Micron Tech
NFLX Netflix Inc
NKE Nike Inc Cl B
NVDA Nvidia Corp
PEP Pepsico Inc
PYPL PayPal Hldgs Inc
QCOM Qualcomm Inc
RF Regions Finl Corporation
SYF Synchrony Finl
TFC Truist Financial Corp
TJX TJX Companies
TSLA Tesla Inc
TWTR Twitter Inc
UAL United Airlines Hldgs Inc
USB US Bancorp
V Visa Inc
WFC Wells Fargo & Company

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.