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

ACLX Arcellx Inc
BMEA Biomea Fusion Inc
PK Park Hotels & Resorts Inc
RMBS Rambus 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

AMCR Amcor PLC
BAX Baxter Intl Inc
BN Brookfield Asset Management In
BZ KANZHUN LIMITED American Depos
DPZ Domino's Pizza
EL Lauder (Estee) Co
JKS JinkoSolar Hldg Co Ltd
JNJ Johnson & Johnson
KDP Keurig Dr Pepper Inc
LHX L3Harris Technologies Inc
LITE Lumentum Hldgs Inc
VIAV Viavi Solutions Inc
WMG Warner Music Group Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.