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

ANSS Ansys Inc
ECVT Ecovyst Inc
EHC Encompass Health Corp
FND Floor & Decor Hldgs Inc
SHC Sotera Health Company
WDAY Workday Inc
XPOF Xponential Fitness 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

CVNA Carvana Co Cl A
KT KT Corp
LMND Lemonade Inc
ZS Zscaler Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.