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
CVS CVS Health Corp
SCHW Charles Schwab Corp
UHS Universal Health Svcs
UNVR Univar Solutions Inc

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

ABCL AbCellera Biologics Inc
AMT American Tower Corp
COUR Coursera Inc
CRWD CrowdStrike Holdings Inc
HASI Hannon Armstrong Sustainable
HDB Hdfc Bank ADS
LUV Southwest Airlines Co
POST Post Hldg Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.