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

AXSM Axsome Therapeutics Inc
CNP Centerpoint Energy
COP ConocoPhillips
EQT EQT Corp
IBN Icici Bank Ltd ADS
PWR Quanta Svcs
RSG Repub Svcs Inc
SJI South Jersey Industries Inc
SRE Sempra Energy
WCN Waste Connections Inc
WM Waste Mgt 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

IDYA IDEAYA Biosciences Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.