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

ADM Archer-Daniels-Midland
CAR Avis Budget Grp
CASY Casey's Genl Stores
CNX Consol Energy Inc
DAL Delta Airlines Inc
DG Dollar General Corporation
DLTR Dollar Tree Inc
GO Grocery Outlet Holding Corp
GPC Genuine Parts
HALO Halozyme Therapy Inc
HRL Hormel Foods Corp
J Jacobs Engr Grp
JNJ Johnson & Johnson
KMB Kimberly-Clark Corp
LW Lamb Weston Hldgs Inc
MA Mastercard Inc
MNST Monster Beverage Corporation
PPC Pilgram's Pride Corp
ROST Ross Stores
SBAC SBA Communications'A'
SON Sonoco Products
TGT Target Corp
ULTA Ulta Beauty Inc
WM Waste Mgt Inc

Short-side setups

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.

BDX Becton, Dickinson
CHTR Charter Communications Inc
D Dominion Energy Inc
OGN Organon & Co
VSAT Viasat Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.