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
BKR Baker Hughes a GE Co Cl A
CNQ Canadian Natural Resources
CNR Cornerstone Building Brands In
CTRA Coterra Energy Inc
CVE Cenovus Energy Inc
ENB Enbridge Inc
EPD Enterprise Products Partners
ET Energy Transfer L.P.
EXC Exelon Corp
HAL Halliburton Co
KMI Kinder Morgan Inc
LBRT Liberty Energy Inc
NOV NOV Inc
OVV Ovintiv Inc
PTEN Patterson-UTI Energy
SLB Schlumberger Ltd
T AT&T Inc
TS Tenaris SA ADS
WMB Williams Companies

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

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.