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

COCO Vita Coco Co Inc/The
ED Consolidated Edison
EGO Eldorado Gold Corp
EIX Edison Intl
EVH Evolent Health Inc
GIS Genl Mills
HSY The Hershey Co
KO Coca-Cola Co
MDLZ Mondelez Int'l Inc Cl A
RETA Reata Pharma Inc Cl A
ROL Rollins Inc
SJM Smucker (J.M.)

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

CRDO Credo Technology Group Holding
EPAM EPAM Systems Inc
FIVN Five9 Inc
GTLB GitLab Inc. Class A Common Sto
IBM Intl Business Machines Corp
IQV IQVIA Hldgs Inc
MXL MaxLinear Inc
NSC Norfolk Southern
SYF Synchrony Finl
TSLA Tesla Inc
TWLO Twilio Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.