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

HALO Halozyme Therapy Inc
LLY Eli Lilly and Co
MRK Merck & 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
CPNG Coupang Inc
DASH DoorDash Inc
HOOD Robinhood Markets, Inc
LYFT Lyft Inc
MGM MGM Resorts Intl
NIO NIO Inc
NVDA Nvidia Corp
PAGS Pagseguro Digital Ltd
PINS Pinterest Inc
PLTR Palantir Tech Inc
RBLX ROBLOX Corp
SE Sea Ltd
SQ Block Inc
U Unity Software Inc
UBER Uber Technologies Inc
VRT Vertiv Holdings
XP XP Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.