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

LSCC Lattice Semiconductor
MO Altria Grp
MOS The Mosaic Co (New)
MS Morgan Stanley
NDAQ NASDAQ Inc
NTAP NetApp Inc
OC Owens Corning
ON ON Semiconductor Corp
ORI Old Republic Intl Corp
PAYX Paychex Inc
PCAR PACCAR Inc
PEP Pepsico Inc
PLD Prologis Inc
RF Regions Finl Corporation
SPG Simon Ppty Grp
SYF Synchrony Finl
TGT Target Corp
TXN Texas Instruments
UPS United Parcel Service Inc
VSCO Victoria's Secret & 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

NEOG Neogen Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.