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

AKRO Akero Therapeutics Inc
AU Anglogold Ashanti Ltd
GFI Gold Fields Ltd
PERI Perion Networkn Ltd.
PRGS Progress Software
SAGE Sage Therapeutics Inc
SGEN Seagen Inc
TIMB TIM SA/Brazil

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

HUN Huntsman Corporation

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.