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

AI C3.ai Inc
CLS Celestica Inc
GFS GLOBALFOUNDRIES Inc
PATH UiPath Inc
SKT Tanger Factory Outlet Centers
SMAR Smartsheet Inc
STM STMicroelectronics N.V.

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

CHRW C.H. Robinson Worldwide Inc
DG Dollar General Corporation
GTLS Chart Industries Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.