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
AKAM Akamai Technologies
BBWI Bath & Body Works Inc
CNK Cinemark Hldg Inc
ESTC Elastic NV
FSLR First Solar Inc
RMBS Rambus Inc
ZUO Zuora 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

ACRS Aclaris Therapeutics Inc
DG Dollar General Corporation
RBA Ritchie Bros Auctioneers

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.