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

EIX Edison Intl
GIS Genl Mills
HSY The Hershey Co
KO Coca-Cola Co
MDLZ Mondelez Int'l Inc Cl A
ROL Rollins Inc
SJM Smucker (J.M.)
SNN Smith & Nephew Plc ADS
TECK Teck Res Ltd Cl B
ZTS Zoetis 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

BNTX BioNTech SE
CRDO Credo Technology Group Holding
EPAM EPAM Systems Inc
IBM Intl Business Machines Corp
MRNA Moderna Inc
PINS Pinterest Inc
SPR Spirit Aerosystems Hldgs Inc
SYF Synchrony Finl
TWLO Twilio Inc Cl A
WOLF Wolfspeed Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.