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

AES AES Corp
BJ BJ's Wholesale Club Holdings
CAH Cardinal Health Inc
CALX Calix Inc
CFR Cullen/frost Bankers
DKS Dick's Sporting Goods
FE FirstEnergy Corp
FL Foot Locker
HII Huntington Ingalls Industries
IBKR Interactive Brokers Grp Inc
IBOC Intl Bancshs
LANC Lancaster Colony Corp
NOC Northrop Grumman
NRG NRG Energy Inc
PNFP Pinnacle Finl Partners
RCL Royal Caribbean Cruises
SCHW Charles Schwab Corp (The)
TCBI Texas Cap Bancshs
UNM Unum Grp
WING Wingstop 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

CL Colgate-Palmolive Co
ESS Essex Ppty Trust
FAST Fastenal Co
FCN FTI Consulting
INVH Invitation Homes Inc
JNJ Johnson & Johnson
NVST Envista Holdings Corp
ROP Roper Tech Inc
SFM Sprouts Farmers Mkts Inc
UDR UDR Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.