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

AU Anglogold Ashanti Ltd
AZEK The AZEK Co Inc
FHI Federated Hermes Inc
MLCO Melco Resorts & Entertainment

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

IT Gartner Inc
MRTX Mirati Therapeutics Inc
NVCR NovoCure Ltd
PBR Petroleo Brasileiro S.A. ADR
PBR.A Petroleo Brasileiro Pfd ADR A
PUBM Pubmatic Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.