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

DGX Quest Diagnostics
EXPD Expeditors Intl of Washington
FLO Flowers Foods Inc
GTLS Chart Industries Inc
IDXX Idexx Laboratories
MDLZ Mondelez Int'l Inc Cl A
MRNA Moderna Inc
NARI Inari Medical Inc
ODFL Old Dominion Freight Line

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

ABBV AbbVie Inc
AIZ Assurant Inc
ARW Arrow Electronics
BALL Ball Corp
BKR Baker Hughes a GE Co Cl A
CINF Cincinnati Finl
CMCSA Comcast Cl A
CME CME Grp Inc
CVLT CommVault Systems Inc
EEFT Euronet Worldwide
HAS Hasbro Inc
HQY HealthEquity Inc
IBM Intl Business Machines Corp
KSS Kohl's Corp
LLY Eli Lilly and Co
LOPE Grand Canyon Education Inc
MRO Marathon Oil Corp
NWE NorthWestern Corporation
PDCE PDC Energy Inc
PFE Pfizer Inc
RNR RenaissanceRe Hldg
SMTC Semtech Corp
TSN Tyson Foods 'A'
VVV Valvoline Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.