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

NSSC Napco Security Technologies

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
BRO Brown & Brown
INCY Incyte Corp
INVA Innoviva Inc
IRT Independence Realty Trust Inc
MBI MBIA Inc
MOH Molina Healthcare
NVCR NovoCure Ltd
PRGO Perrigo Co plc
RLAY Relay Therapeutics Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.