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

CLX Clorox Co
CPB Campbell Soup
FCN FTI Consulting
LNTH Lantheus Hldgs Inc
NARI Inari Medical Inc
OLLI Ollies Bargain Outlet Hldgs
SWAV SchockWave Medical Inc
WING Wingstop 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

AES AES Corp
AIG Amer Intl Grp
BAC Bank of America Corporation
BAX Baxter Intl Inc
BK Bank of New York Mellon Corp
BKR Baker Hughes a GE Co Cl A
C Citigrp Inc
CMA Comerica Inc
COP ConocoPhillips
CTVA Corteva Inc W
CVX Chevron Corporation
DAL Delta Airlines Inc
DIS Disney (Walt) Co
DVN Devon Energy
EOG EOG Resources
EQT EQT Corp
EXC Exelon Corp
FCX Freeport-McMoRan Inc
FE FirstEnergy Corp
FIS Fidelity National Information
FITB Fifth Third Bancorp
GILD Gilead Sciences
GM General Motors Co
LUV Southwest Airlines Co
MET Metlife Inc
MOS The Mosaic Co (New)
MS Morgan Stanley
NKE Nike Inc Cl B
PPL PPL Corp
QCOM Qualcomm Inc
RCL Royal Caribbean Cruises
SBUX Starbucks Corp
SCHW Charles Schwab Corp
SLB Schlumberger Ltd
TFC Truist Financial Corp
UAL United Airlines Hldgs Inc
USB US Bancorp
VFC VF Corp
WFC Wells Fargo & Company
XOM Exxon Mobil

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.