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

ARW Arrow Electronics
AVT Avnet, Inc
CAG Conagra Brands Inc
CHRW C.H. Robinson Worldwide Inc
COHR Coherent, Inc
FCN FTI Consulting
IP Intl Paper
KHC The Kraft Heinz Company
LECO Lincoln Electric Hldgs
MCD McDonald's Corp
NGVT Ingevity Corp
OXY Occidental Petro Corp
PEP Pepsico Inc
POST Post Hldg Inc
STZ Constellation Brands 'A'
UNM Unum Grp
VLO Valero Energy

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.

AAP Advance Auto Parts Inc
AWK American Water Works Co Inc
AZTA Azenta Inc
BJ BJ's Wholesale Club Holdings
BLKB Blackbaud Inc
CF CF Industries Hldgs Inc
FHI Federated Hermes Inc
FOXF Fox Factory Hldng Corp
HALO Halozyme Therapy Inc
O Realty Income
ORLY O'Reilly Automotive, Inc.
PFE Pfizer Inc
PRGO Perrigo Co plc
REGN Regeneron Pharmaceuticals
WTRG Essential Utilities Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.