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

CAT Caterpillar Inc
CHTR Charter Communications Inc
ENV Envestnet Inc
EXPE Expedia Grp Inc
GLW Corning Inc
HES Hess Corporation
HOLX Hologic Inc
IDXX Idexx Laboratories
MKTX MarketAxess Hldg Inc
MPC Marathon Petro Corp
ROST Ross Stores
VLO Valero Energy
WWD Woodward, Inc.
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

ACN Accenture PLC (Ireland) NEW
ADP Automatic Data Proc
AEP Amer Electric Pwr
CAG Conagra Brands Inc
CHD Church & Dwight
CI Cigna Corp
CL Colgate-Palmolive Co
CLX Clorox Co
CVS CVS Health Corp
DXCM DexCom Inc
EMR Emerson Electric Co
ENPH Enphase Energy Inc
ES Eversource Energy
FLO Flowers Foods Inc
GILD Gilead Sciences
HRB Block (H&R)
HSY The Hershey Co
HUM Humana Inc
KDP Keurig Dr Pepper Inc
KO Coca-Cola Co
MDLZ Mondelez Int'l Inc Cl A
MET Metlife Inc
MKC Mccormick & Co
MO Altria Grp
MRK Merck & Co
NRG NRG Energy Inc
PAYX Paychex Inc
PG Procter & Gamble Co
POR Portland General Electric Co
RUN Sunrun Inc
SCHW Charles Schwab Corp (The)
SHW Sherwin-Williams
SJM Smucker (J.M.)
STZ Constellation Brands 'A'
UBSI United Bankshs
UNH UnitedHealth Grp Inc
UNP Union Pacific Corp
WEN The Wendy's Co
WMB Williams Companies
WMT Walmart Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.