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

DV DoubleVerify Holdings Inc
NFLX Netflix Inc
WWE World Wrestling Entr'A'

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

CVS CVS Health Corp
FRPT Freshpet Inc
NYT New York Times'A'

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.