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

CHRW C.H. Robinson Worldwide Inc
CNHI CNH Industrial N V
COOP Mr. Cooper Group Inc
CVS CVS Health Corp
IIVI II-VI Inc
NVST Envista Holdings Corp
ON ON Semiconductor Corp
RMBS Rambus Inc
SCHW Charles Schwab Corp
SNV Synovus Finl Corp
UNVR Univar Solutions Inc
WAB Wabtec Corp
ZIM Zim Integrated Shipping S

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
NNOX NANO-X Imaging Ltd

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.