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

FHI Federated Hermes Inc
SPHR Sphere Entertainment Co
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
LTHM Livent Corp
NVCR NovoCure Ltd
PBR Petroleo Brasileiro S.A. ADR
PBR.A Petroleo Brasileiro Pfd ADR A
PUBM Pubmatic Inc
U Unity Software Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.