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

ARNC Arconic Corp
NEO NeoGenomics 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

ABT Abbott Laboratories
AR Antero Resources Corp
BRO Brown & Brown
INCY Incyte Corp
JNJ Johnson & Johnson
K Kellogg Co
PRGO Perrigo Co plc
RRC Range Resources
TSN Tyson Foods 'A'
VZ Verizon Communications
WBA Walgreen Boots Alliance Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.