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

ASO Academy Sports and Outdoors
RETA Reata Pharma Inc Cl A

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

AMN AMN Healthcare Svcs Inc
EFC Ellington Finl LLC
HAS Hasbro Inc
IT Gartner Inc
SD SandRidge Energy Inc
SQM Sociedad Quimica Y Minera ADS
TTMI TTM Technologies

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.