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

AXSM Axsome Therapeutics Inc
CL Colgate-Palmolive Co
COTY Coty Inc
EIX Edison Intl
GIS Genl Mills
MDLZ Mondelez Int'l Inc Cl A
MNST Monster Beverage Corporation
PEP Pepsico Inc
PHG Koninklijke Philips NV
SNN Smith & Nephew Plc ADS
TECK Teck Res Ltd Cl B
WELL Welltower OP Inc
WPM Wheaton Precious Metals Corp
XRAY Dentsply Sirona Inc
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

ATSG Air Transport Svcs Grp
MRO Marathon Oil Corp
MTDR Matador Resources Co
PINS Pinterest Inc
TALO Talos Energy Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.