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

AEM Agnico Eagle Mines Ltd
AU Anglogold Ashanti Ltd
CL Colgate-Palmolive Co
GIS Genl Mills
GPK Graphic Packaging Hldg Co
HSY The Hershey Co
LULU Lululemon Athletica Inc
MDLZ Mondelez Int'l Inc Cl A
NEWR New Relic Inc
PEP Pepsico Inc
RELY Remitly Global Inc
RSG Repub Svcs Inc
WELL Welltower OP Inc
WM Waste Mgt Inc
YUM Yum! Brands 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

RIVN Rivian Automotive, Inc.
SANM Sanmina Corporation

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.