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

AMGN Amgen Inc
CI Cigna Corp
ED Consolidated Edison
EXC Exelon Corp
GILD Gilead Sciences
LLY Eli Lilly and Co
LNT Alliant Energy Corporation
MRK Merck & Co
NOC Northrop Grumman
NWE NorthWestern Corporation
OGN Organon & Co
OHI Omega Healthcare Investors Inc
PRGO Perrigo Co plc
ROL Rollins Inc
TAP Molson Coors Beverage Co
UTHR United Therapeutics

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.

AMZN Amazon.com Inc
ANET Arista Networks
BA Boeing Co
BJ BJ's Wholesale Club Holdings
COST Costco Wholesale Corp
CROX Crocs Inc
CSX CSX Corp
DRE Duke Realty
EMR Emerson Electric Co
EQR Equity Residential
ETSY Etsy Inc
EXPE Expedia Grp Inc
FAST Fastenal Co
FB Meta Platforms Inc
FBHS Fortune Brands Home & Security
GOOGL Alphabet Inc Cl A
INTU Intuit Inc
IRT Independence Realty Trust Inc
JCI Johnson Controls Intl Plc
JNPR Juniper Networks
MTCH Match Group Inc
NFLX Netflix Inc
NVDA Nvidia Corp
PACW PacWest Bancorp
PAYX Paychex Inc
PENN Penn National Gaming
PLD Prologis Inc
PYPL PayPal Hldgs Inc
REXR Rexford Industrial Realty Inc
RH RH
SCHW Charles Schwab Corp
STOR STORE Cap Corp
STT State Street Corp
SWKS Skyworks Solutions
TSLA Tesla Inc
TTWO Take-Two Interactive Software
UNP Union Pacific Corp
WBS Webster Financial Corp
XPO XPO Logistics, Inc.
XRAY(E) Dentsply Sirona Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.