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

CTKB Cytek Biosciences, Inc. Common
FRO Frontline Ltd
IAA IAA Inc
TPG TPG Partners LLC

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

BPMC Blueprint Meds Corp
CHD Church & Dwight
SNY Sanofi Aventis

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.