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
LEGN Legend Biotech Corp
PTGX Protagonist Therapeutics 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
FIS Fidelity National Information
HOG Harley-Davidson
LBRT Liberty Energy Inc
LNC Lincoln Natl Corp
OKE Oneok Inc
PDI PIMCO Dynamic Income Fd
PTEN Patterson-UTI Energy
RIVN Rivian Automotive, Inc. Class
SM SM Energy Co
TMUS T-Mobile US Inc
VLO Valero Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.