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

DAWN Day One Biopharmaceuticals, In
LLY Eli Lilly and Co
LNTH Lantheus Hldgs Inc
MANU Manchester United plc
NDAQ NASDAQ Inc
PLUG Plug Power, Inc.
SIGA Siga Tech Inc

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

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.