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

ABC AmeriSourceBergen Corp
CAH Cardinal Health Inc
CEG Constellation Energy Corp
ENPH Enphase Energy Inc
STLD Steel Dynamics

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

AAP Advance Auto Parts Inc
BKI Black Knight Inc
C Citigrp Inc
NAD Nuveen Qual Muni Incm Fd
PNC PNC Finl Svcs Grp Inc
SWTX SpringWorks Therapeutics Inc
TGT Target Corp
TWLO Twilio Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.