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

AR Antero Resources Corp
CAR Avis Budget Grp
COST Costco Wholesale Corp
DKS Dick's Sporting Goods
KSS Kohl's Corp
M Macy's, Inc.
MPC Marathon Petro Corp
MRO Marathon Oil Corp
PDCE PDC Energy Inc
PPC Pilgram's Pride Corp
PSX Phillips 66
R Ryder System
RRC Range Resources
TJX TJX Companies
VLO Valero Energy
VSCO Victoria's Secret & Co
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

ALGN Align Tech
AZPN Aspen Tech
BLD TopBuild Corp
CTLT Catalent Inc
GO Grocery Outlet Holding Corp
HAS Hasbro Inc
LYV Live Nation Entertainment, Inc
NUVA NuVasive Inc
OPCH Option Care Health Inc
PCTY Paylocity Hlldg Corporation
QLYS Qualys Inc
STAA Staar Surgical
SYNH Syneos Health Inc Cl A
TRIP TripAdvisor Inc
TTWO Take-Two Interactive Software
VSAT Viasat Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.