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

APLE Apple Hospitality REIT Inc
CCK Crown Hldg
CMRE Costamare Inc
HST Host Hotels & Resorts Inc
HUN Huntsman Corporation
KEX Kirby Corp
OMC Omnicom Grp Inc
PKG Packaging Corp America
PSTG Pure Storage Inc Cl A
SCHW Charles Schwab Corp
SEAS SeaWorld Entertainment Inc
SPR Spirit Aerosystems Hldgs Inc
TAP Molson Coors Beverage Co
UNVR Univar Solutions Inc
USFD US Foods Hldg Corp
WLK Westlake 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

ABT Abbott Laboratories
BKI Black Knight Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.