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

ADI Analog Devices
AES AES Corp
AIG Amer Intl Grp
AMAT Applied Materials
AVGO Broadcom Inc
BKR Baker Hughes a GE Co Cl A
CARR Carrier Global Corp
CMCSA Comcast Cl A
CSX CSX Corp
DOW Dow Inc
DT Dynatrace Holdings LLC
FCX Freeport-McMoRan Inc
FDX FedEx Corp
HD Home Depot Inc
IP Intl Paper
IPG Interpub Grp Cos
KNX Knight-Swift Trasportation Hld
LEN Lennar Corp A
LLY Eli Lilly and Co
LOW Lowe's Cos, Inc
LVS Las Vegas Sands Corp
MA Mastercard Inc
MCHP Microchip Tech
MRNA Moderna Inc
MS Morgan Stanley
MSFT Microsoft Corp
NEE NextEra Energy Inc
NFLX Netflix Inc
NKE Nike Inc Cl B
NLY Annaly Cap Mgt Inc
NVDA Nvidia Corp
PEAK Healthpeak Properties Inc
PFE Pfizer Inc
RUN Sunrun Inc
SBUX Starbucks Corp
TPR Tapestry Inc
TXN Texas Instruments
UNP Union Pacific Corp
V Visa Inc
WYNN Wynn Resorts Ltd

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

BAC Bank of America Corporation
CMI Cummins Inc
EWBC East West Bancorp
GEF Greif Inc
HAE Haemonetics Corp
KR Kroger Co
MPC Marathon Petro Corp
MUSA Murphy USA Inc
NARI Inari Medical Inc
NGVT Ingevity Corp
NTRS Northern Trust
OSK Oshkosh Corp (Hldg Co)
PB Prosperity Bancshs Inc
SIGI Selective Insurance Gr
THG The Hanover Insurance Grp
WAFD Washington Federal Inc
WBS Webster Financial Corp
WFC Wells Fargo & Company

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.