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

AMED Amedisys Inc
EQT EQT Corp
EXEL Exelixis Inc
GL Globe Life Inc
INCY Incyte Corp
NBIX Neurocrine Biosciences
OLLI Ollies Bargain Outlet Hldgs
QCOM Qualcomm Inc
UMBF UMB Finl
VRTX Vertex Pharmaceuticals

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

AA Alcoa Corp
APA APA Corp
CAT Caterpillar Inc
CC The Chemours Company
CE Celanese Corporation
DAL Delta Airlines Inc
DAR Darling Ingredients Inc
DD DuPont de Nemours Inc
DEI Douglas Emmett Inc
DVN Devon Energy
EXPE Expedia Grp Inc
FAST Fastenal Co
FL Foot Locker
GXO GXO Logistics Inc
HAS Hasbro Inc
HES Hess Corporation
HPQ HP Inc
IBM Intl Business Machines Corp
IRM Iron Mountain Inc REIT
JNJ Johnson & Johnson
JWN Nordstrom Inc
KR Kroger Co
KSS Kohl's Corp
LHX L3Harris Technologies Inc
LIN Linde PLC
LMT Lockheed Martin Corp
MP MP Materials Corp
MTCH Match Group Inc
NRG NRG Energy Inc
PGR The Progressive Corp
PVH PVH Corp.
RCL Royal Caribbean Cruises
SBNY Signature Bank
TSCO Tractor Supply
UAL United Airlines Hldgs Inc
UNVR Univar Solutions Inc
VNO Vornado Realty Trust
VZ Verizon Communications
WBA Walgreen Boots Alliance Inc
WRK Westrock Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.