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

ABC AmeriSourceBergen Corp
AEM Agnico Eagle Mines Ltd
AU Anglogold Ashanti Ltd
CL Colgate-Palmolive Co
FISV Fiserv Inc
GIS Genl Mills
HSY The Hershey Co
LULU Lululemon Athletica Inc
MDLZ Mondelez Int'l Inc Cl A
MNST Monster Beverage Corporation
NVS Novartis Ag ADS
PEP Pepsico Inc
PG Procter & Gamble Co
PPG PPG Indus Inc
TJX TJX Companies
WELL Welltower OP Inc
WPM Wheaton Precious Metals Corp
XRAY Dentsply Sirona Inc
ZBH Zimmer Biomet Hldgs 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

SANM Sanmina Corporation
ZIONO Zions Bancorp O

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.