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

AA Alcoa Corp
ABBV AbbVie Inc
AES AES Corp
AMAT Applied Materials
AMD Advanced Micro Devices Inc
AR Antero Resources Corp
BAC Bank of America Corporation
BAX Baxter Intl Inc
C Citigrp Inc
CSCO Cisco Systems
CSX CSX Corp
CVX Chevron Corporation
DAL Delta Airlines Inc
DOW Dow Inc
EBAY eBay Inc
FCX Freeport-McMoRan Inc
GLW Corning Inc
GM General Motors Co
IBM Intl Business Machines Corp
INTC Intel Corp
JCI Johnson Controls Intl Plc
MCHP Microchip Tech
MGM MGM Resorts Intl
MSFT Microsoft Corp
MU Micron Tech
NEM Newmont Corp
NFLX Netflix Inc
NKE Nike Inc Cl B
NVDA Nvidia Corp
O Realty Income
ON ON Semiconductor Corp
ORCL Oracle Corp
PEP Pepsico Inc
PSX Phillips 66
QCOM Qualcomm Inc
RF Regions Finl Corporation
RRC Range Resources
SCHW Charles Schwab Corp
TXN Texas Instruments
VZ Verizon Communications

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

AAP Advance Auto Parts Inc
CTLT Catalent Inc
LNTH Lantheus Hldgs Inc
LYV Live Nation Entertainment, Inc
PGNY Progyny Inc
TNDM Tandem Diabetes Care Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.