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

ADI Analog Devices
AI C3.ai Inc
ALGM Allegro MicroSystems Inc
AXON Axon Enterprise Inc
ICPT Intercept Pharmaceuticals Inc
IPG Interpub Grp Cos
PNM PNM Resources Inc
SGEN Seagen Inc
TBPH Theravance Biopharma 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

BAX Baxter Intl Inc
VOD Vodafone Grp Plc ADS

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.