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
ALGM Allegro MicroSystems Inc
BLDR Builders FirstSource Inc
BWA Borg Warner
CDNS Cadence Design Systems
CE Celanese Corporation
CELH Celsius Hldg Inc
CSCO Cisco Systems
DT Dynatrace Holdings LLC
EIX Edison Intl
ETR Entergy Corp
EXP Eagle Materials
FCX Freeport-McMoRan Inc
IBM Intl Business Machines Corp
IT Gartner Inc
JHG Janus Henderson Grp PLC
JNPR Juniper Networks
JPM JPMorgan Chase & Co
KLAC KLA Corp
LPX Louisiana-Pacific Corp
LSCC Lattice Semiconductor
MA Mastercard Inc
MCHP Microchip Tech
MSI Motorola Inc
NCR NCR Corp
NEE NextEra Energy Inc
NVDA Nvidia Corp
ORCL Oracle Corp
PEP Pepsico Inc
PFGC Performance Food Grp Co
PNW Pinnacle West Cap Corp
SBUX Starbucks Corp
SEE Sealed Air
SMCI Super Micro Computer Inc
SNPS Synopsys Inc
V Visa Inc
VMC Vulcan Materials
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

BMY Bristol-Myers SQUIBB
CHTR Charter Communications Inc
CMA Comerica Inc
CME CME Grp Inc
CNC Centene Corp
D Dominion Energy Inc
DG Dollar General Corporation
DVA DaVita Inc
FOX Twenty-First Century Fox Inc B
HUM Humana Inc
KR Kroger Co
MOH Molina Healthcare
MTB M&T Bank
PRGO Perrigo Co plc
QDEL Quidel Corp
RGEN Repligen Corp
SR Spire Inc
TFC Truist Financial Corp
TNDM Tandem Diabetes Care Inc
UBSI United Bankshs
ZION Zions Bancorp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.