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

AES AES Corp
BEPC Brookfield Renewable Corp
CNI Canadian Natl Railway
JNPR Juniper Networks
KZR Kezar Life Sciences Inc
PSTG Pure Storage Inc Cl A
UBS UBS Grp Ag
UNVR Univar Solutions Inc
WWE World Wrestling Entr'A'

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

FIVE Five Below Inc
FTDR Frontdoor, Inc. Common Stock
ROST Ross Stores

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.