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
CHDN Churchill Downs
CLX Clorox Co
CTXS Citrix Systems Inc
GO Grocery Outlet Holding Corp
HALO Halozyme Therapy Inc
INCY Incyte Corp
KMB Kimberly-Clark Corp
LVS Las Vegas Sands Corp
NLOK Nortonlifelock Inc
PFGC Performance Food Grp Co
PHM PulteGrp, Inc
PPC Pilgram's Pride Corp
SYY Sysco Corp
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
BKR Baker Hughes a GE Co Cl A
BXP Boston Properties
CHX ChampionX Corp
COP ConocoPhillips
DAL Delta Airlines Inc
DOW Dow Inc
DVN Devon Energy
EOG EOG Resources
EXPE Expedia Grp Inc
FANG Diamondback Energy Inc
FCX Freeport-McMoRan Inc
FITB Fifth Third Bancorp
FL Foot Locker
HAL Halliburton Co
HPQ HP Inc
IBM Intl Business Machines Corp
IRM Iron Mountain Inc REIT
KR Kroger Co
KSS Kohl's Corp
LMT Lockheed Martin Corp
MP MP Materials Corp
MPC Marathon Petro Corp
MRO Marathon Oil Corp
MTCH Match Group Inc
NRG NRG Energy Inc
OLN Olin Corp
PACW PacWest Bancorp
PFG Principal Finl Grp
PGR The Progressive Corp
PXD Pioneer Natural Resources
RCL Royal Caribbean Cruises
SLB Schlumberger Ltd
UAL United Airlines Hldgs Inc
UNVR Univar Solutions Inc
VOYA Voya Finl Inc
VZ Verizon Communications
WBA Walgreen Boots Alliance Inc
WDC Western Digital

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.