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

CYTK Cytokinetics Inc
HSY The Hershey Co
LEGN Legend Biotech Corp

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

DBI Designer Brands Inc
LEVI Levi Strauss & Co
MAR Marriott Int'l Cl A
NMRK Newmark Grp Inc CL A
SBLK Star Bulk Carriers Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.