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

AAWW Atlas Air Worldwide Hldg
CM Canadian Imperial Bank of Comm
SCHW Charles Schwab Corp

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

AMT American Tower Corp
COUR Coursera Inc
CTLT Catalent Inc
LUV Southwest Airlines Co
LW Lamb Weston Hldgs Inc
MDU MDU Res Grp Inc
NOMD Nomad Foods Ltd
POST Post Hldg Inc
VLRS Controladora Vuela Compa de Av
VRT Vertiv Holdings

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.