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

EHC Encompass Health Corp
ORI Old Republic Intl Corp
TRV The Travelers Companies Inc
WBS Webster Financial Corp

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

ASAN Asana Inc
BEPC Brookfield Renewable Corp
OHI Omega Healthcare Investors Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.