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

LLY Eli Lilly and Co

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

AFRM Affirm Hldgs Inc
AMC AMC Entertainment Hldg Inc
COIN Coinbase Global Inc
CVNA Carvana Co Cl A
DKNG Draftkings Inc
HOOD Robinhood Markets, Inc
LYFT Lyft Inc
MGM MGM Resorts Intl
MQ Marqeta, Inc. Class A Common S
PCG PG&E Corp
PINS Pinterest Inc
PLTR Palantir Tech Inc
PTON Peloton Interactive Inc
PYPL PayPal Hldgs Inc
QNRX Quoin Pharmaceuticals, Ltd
RBLX ROBLOX Corp
SQ Block Inc
U Unity Software Inc
UBER Uber Technologies Inc
VRT Vertiv Holdings

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.