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

ATCO Atlas Corp Marshall Islands
HZNP Horizon Therapeutics PLC
MGI MoneyGram Intl
MRNA Moderna 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

CMS CMS Energy
CWH Camping World Holdings Inc
DBRG DigitalBridge Group Inc
DTE DTE Energy
JWN Nordstrom Inc
LNTH Lantheus Hldgs Inc
TGI Triumph Grp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.