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

AXSM Axsome Therapeutics Inc
NWN Northwest Natural Gas

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

AEO American Eagle Outfitters Inc
BURL Burlington Stores Inc
FIVE Five Below Inc
FOSL Fossil Grp Inc
ROST Ross Stores

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.