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

ADNT Adient plc
BILI Bilibili Inc ADS
DAL Delta Airlines Inc
EL Lauder (Estee) Co
HALO Halozyme Therapy Inc
MODG Topgolf Callaway Brands Corp
NWS News Corp Cl B
NWSA News Corp Cl A
ONON On Holding AG
OSK Oshkosh Corp (Hldg Co)
UAA Under Armour Inc Cl A
VALE VALE S.A.
W Wayfair Inc
WMG Warner Music Group Corp
YOU Clear Secure 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

EQNR Equinor ASA
RSG Repub Svcs Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.