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

AAWW Atlas Air Worldwide Hldg
BBIO BridgeBio Pharma Inc
EHC Encompass Health Corp
HPE Hewlett-Packard Enterprise Co
PWSC PowerSchool Holdings Inc
UHS Universal Health Svcs

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

CTLT Catalent Inc
EMR Emerson Electric Co
MRVI Maravai LifeSciences Hldgs Inc
NSA Natl Storage Affiliates Tr
VEEV Veeva Systems Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.