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

BLMN Bloomin' Brands Inc
EHC Encompass Health Corp
FHI Federated Hermes Inc
SHC Sotera Health Company
TXRH Texas Roadhouse 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

ASAN Asana Inc
CVNA Carvana Co Cl A
EBS Emergent Biosolutions Inc
GH Guardant Health Inc
KT KT Corp
LAC Lithium Amers Corp
LTHM Livent Corp
RIVN Rivian Automotive, Inc. Class
UPST Upstart Hldgs Inc
XMTR Xometry, Inc. Class A Common S
ZS Zscaler Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.