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

ACM AECOM
AGL Agilon Health Inc
BAC Bank of America Corporation
BEN Franklin Res Inc
BHP BHP Billiton Ltd ADR
CCL Carnival Corp
EBAY eBay Inc
EXPE Expedia Grp Inc
FNF Fidelity Natl Finl Inc
GM General Motors Co
HPE Hewlett-Packard Enterprise Co
KD Kyndryl Holdings Inc
NFLX Netflix Inc
ON ON Semiconductor Corp
SBUX Starbucks Corp
VLY Valley National Bancorp
WPM Wheaton Precious Metals Corp
YUM Yum! Brands 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

LXU LSB Industries, Inc
SJT San Juan Basin Rty Tr

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.