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

BIDU Baidu Inc
BOWL Bowlero Corp
FR First Industrial Rlty Tr
SFM Sprouts Farmers Mkts Inc
SJM Smucker (J.M.)
SRPT Sarepta Therapeutics 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

GS Goldman Sachs Grp
LAZ Lazard Ltd
SLM SLM Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.