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

ADI Analog Devices
AMAT Applied Materials
AMD Advanced Micro Devices Inc
ATVI Activision Blizzard Inc
BWA Borg Warner
CEG Constellation Energy Corp
CNC Centene Corp
DHR Danaher Corp
EW Edwards Lifesciences Corp
EXC Exelon Corp
GLW Corning Inc
GOOG Alphabet Inc Cl C Cap Stock
GOOGL Alphabet Inc Cl A
KHC The Kraft Heinz Company
LEN Lennar Corp A
LVS Las Vegas Sands Corp
MCHP Microchip Tech
META Meta Platforms Inc
MMM 3M Co
MP MP Materials Corp
MRNA Moderna Inc
MU Micron Tech
NFLX Netflix Inc
NLOK Nortonlifelock Inc
NVDA Nvidia Corp
ON ON Semiconductor Corp
OXY Occidental Petro Corp
PENN PENN Entertainment, Inc
PYPL PayPal Hldgs Inc
RUN Sunrun Inc
STOR STORE Cap Corp
STX Seagate Technology Holdings PL
SYF Synchrony Finl
TRGP Targa Resources Corp
TWTR Twitter Inc
TXN Texas Instruments
WDC Western Digital
WOLF Wolfspeed Inc
WYNN Wynn Resorts Ltd
X U.S. Steel Corporation

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

CINF Cincinnati Finl
JNJ Johnson & Johnson
MCY Mercury General Corp
RNR RenaissanceRe Hldg

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.