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

EGO Eldorado Gold Corp
EIX Edison Intl
GIS Genl Mills
HSY The Hershey Co
PFGC Performance Food Grp Co
PNW Pinnacle West Cap Corp
RVNC Revance Therapeutics 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

CNNE Cannae Hldgs Inc
CRDO Credo Technology Group Holding
GLOB Globant SA
IBM Intl Business Machines Corp
IONS Ionis Pharma Inc
IQV IQVIA Hldgs Inc
MXL MaxLinear Inc
OMI Owens & Minor Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.