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
CAG Conagra Brands Inc
CPB Campbell Soup
DCPH Deciphera Pharm Inc
GIS Genl Mills
LLY Eli Lilly and Co
TTC The Toro Co

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

AAPL Apple Inc
AGL Agilon Health Inc
AVTR Avantor Inc
BN Brookfield Asset Management In
GOOG Alphabet Inc Cl C Cap Stock
GOOGL Alphabet Inc Cl A
KSS Kohl's Corp
MTCH Match Group Inc
NEOG Neogen Corp
WDC Western Digital
WELL Welltower OP Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.