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
BUD Anheuser-Busch InBev SA/NV
KHC The Kraft Heinz Company
LULU Lululemon Athletica Inc
LVS Las Vegas Sands Corp
NKE Nike Inc Cl B
NVS Novartis Ag ADS
TSCO Tractor Supply
UHS Universal Health Svcs
XYL Xylem, 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

SQM Sociedad Quimica Y Minera ADS

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.