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
CI Cigna Corp
ENPH Enphase Energy Inc
HALO Halozyme Therapy Inc
HUM Humana Inc

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
C Citigrp Inc
ELAN Elanco Animal Health Inc
EXEL Exelixis Inc
HAYW Hayward Hldgs Inc
KEY KeyCorp
LI Li Auto Inc
PYPL PayPal Hldgs Inc
SI Silvergate Cap Corp
TGT Target Corp
TSN Tyson Foods 'A'
TWLO Twilio Inc Cl A
USB US Bancorp
VZ Verizon Communications
WFC Wells Fargo & Company

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.