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

AMX America Movil S.A.B. de C.V.
APTS Pfd Apt Communitie
JAZZ Jazz Pharmaceuticals plc
LDOS Leidos Hldg Inc
MGI MoneyGram Intl

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

CWH Camping World Holdings Inc
MHK Mohawk Indus

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.