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

DINO HF Sinclair Corp
DK Delek US Holdco Inc
PBF PBF Energy Inc Cl A
VLO Valero Energy

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

ALKS Alkermes plc
BIDU Baidu Inc
CHD Church & Dwight
CTLT Catalent Inc
DOCS Doximity Inc
FIS Fidelity National Information
FNKO Funko Inc
FSLY Fastly Inc
LEVI Levi Strauss & Co
LYV Live Nation Entertainment, Inc
MO Altria Grp
PTON Peloton Interactive Inc
RARE Ultragenyx Pharmaceutical Inc
SMAR Smartsheet Inc
U Unity Software Inc
Z Zillow Grp Inc Cl C

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.