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

ABT Abbott Laboratories
AFL AFLAC Inc
AIG Amer Intl Grp
BSX Boston Scientific Corporation
CAG Conagra Brands Inc
CARR Carrier Global Corp
CAT Caterpillar Inc
CNP Centerpoint Energy
CRM Salesforce Inc
CTSH Cognizant Tech Solutions'A'
D Dominion Energy Inc
DOW Dow Inc
DUK Duke Energy Corporation
EXC Exelon Corp
INTC Intel Corp
JCI Johnson Controls Intl Plc
JPM JPMorgan Chase & Co
LOW Lowe's Cos, Inc
MA Mastercard Inc
META Meta Platforms Inc
MGM MGM Resorts Intl
MRK Merck & Co
MU Micron Tech
NEM Newmont Corp
NKE Nike Inc Cl B
ORCL Oracle Corp
PEAK Healthpeak Properties Inc
PEG Pub Svc Enterprises Gr Incorp
PPL PPL Corp
SCHW Charles Schwab Corp
TFC Truist Financial Corp
TGT Target Corp
TJX TJX Companies
TXN Texas Instruments
USB US Bancorp
VFC VF Corp
VZ Verizon Communications
WEN The Wendy's Co
X U.S. Steel Corporation
XOM Exxon Mobil

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

DINO HF Sinclair Corp
ETR Entergy Corp
HALO Halozyme Therapy Inc
HRB Block (H&R)
MTSI MACOM Tech Solutions
QDEL Quidel Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.