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

AXSM Axsome Therapeutics Inc
KNSA Kiniksa Pharmaceuticals Ltd
RARE Ultragenyx Pharmaceutical 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

ADM Archer-Daniels-Midland
MPC Marathon Petro Corp
MTDR Matador Resources Co
RHI Robert Half Intl
SBAC SBA Communications'A'
TMUS T-Mobile US Inc
TS Tenaris SA ADS
TWST Twist Bioscience Corp
VLO Valero Energy
XPRO Expro Group Holdings NV

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.