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

AA Alcoa Corp
AAPL Apple Inc
AMD Advanced Micro Devices Inc
AMZN Amazon.com Inc
BAC Bank of America Corporation
BEN Franklin Res Inc
BKR Baker Hughes a GE Co Cl A
BSX Boston Scientific Corporation
C Citigrp Inc
CFG Citizens Finl Grp Inc
CMCSA Comcast Cl A
DAL Delta Airlines Inc
EW Edwards Lifesciences Corp
FCX Freeport-McMoRan Inc
GE General Electric Co
GOOGL Alphabet Inc Cl A
IP Intl Paper
IPG Interpub Grp Cos
JPM JPMorgan Chase & Co
JWN Nordstrom Inc
LNC Lincoln Natl Corp
MDT Medtronic plc
META Meta Platforms Inc
MO Altria Grp
MSFT Microsoft Corp
MU Micron Tech
NKE Nike Inc Cl B
NOV NOV Inc
NVST Envista Holdings Corp
PARA Paramount Glbl Cl B
PEAK Healthpeak Properties Inc
PYPL PayPal Hldgs Inc
QCOM Qualcomm Inc
SLB Schlumberger Ltd
TFC Truist Financial Corp
TXN Texas Instruments
USB US Bancorp
VLO Valero Energy
VZ Verizon Communications
WY Weyerhaeuser 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

CF CF Industries Hldgs Inc
CI Cigna Corp
CTRA Coterra Energy Inc
CVS CVS Health Corp
DG Dollar General Corporation
ELV Elevance Health Inc
LLY Eli Lilly and Co
RRC Range Resources
RSG Repub Svcs Inc
UNH UnitedHealth Grp Inc
WM Waste Mgt Inc
WMT Walmart Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.