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

AN AutoNation Inc
BJ BJ's Wholesale Club Holdings
BKNG Booking Hldgs Inc
BLDR Builders FirstSource Inc
CARR Carrier Global Corp
CLH Clean Harbors Inc
CPRT Copart Inc
CSCO Cisco Systems
CTLT Catalent Inc
DCI Donaldson Co
DY Dycom Industries Inc
EME Emcor Grp
FICO Fair Isaac Corp
FSLR First Solar Inc
GE General Electric Co
LIN Linde PLC
MGM MGM Resorts Intl
MTSI MACOM Tech Solutions
NVT nVent Electric PLC W/I
PH Parker-Hannifin Corp
RRX Regal Rexnord Corp
SAIA Saia Inc
SMCI Super Micro Computer Inc
TDC Teradata Corp
ULTA Ulta Beauty Inc
VC Visteon Corp
VNT Vontier Corp
WYNN Wynn Resorts Ltd

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

ABBV AbbVie Inc
AEP Amer Electric Pwr
ALE Allete Inc
AMGN Amgen Inc
DLR Digital Realty Trust Inc
DLTR Dollar Tree Inc
ED Consolidated Edison
IDA Idacorp Inc
JNJ Johnson & Johnson
KO Coca-Cola Co
LLY Eli Lilly and Co
MDLZ Mondelez Int'l Inc Cl A
MRNA Moderna Inc
NARI Inari Medical Inc
NEM Newmont Corp
NXST Nexstar Media Grp Inc Cl A
ORA Ormat Technologies Inc
PEP Pepsico Inc
PG Procter & Gamble Co
RGLD Royal Gold Inc
SJM Smucker (J.M.)
SO Southern Co Inc
VRTX Vertex Pharmaceuticals
WEC WEC Energy Group Inc
WTRG Essential Utilities Inc
ZBH Zimmer Biomet Hldgs Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.