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
AZN Astrazeneca ADS
BKE The Buckle Inc
CAG Conagra Brands Inc
CPB Campbell Soup
GIS Genl Mills
TEVA Teva Pharm Indus ADR
WWE World Wrestling Entr'A'

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
COUR Coursera Inc
WELL Welltower OP Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.