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

ALKS Alkermes plc
COCO Vita Coco Co Inc/The
LEGN Legend Biotech Corp
SWAV SchockWave Medical 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
AMT American Tower Corp
BYND Beyond Meat Inc
CCI Crown Castle Inc
FIS Fidelity National Information
GPN Global Payments Inc
INFY Infosys Tech Ltd ADS
MP MP Materials Corp
PSX Phillips 66
RIVN Rivian Automotive, Inc. Class
TMUS T-Mobile US Inc
VZ Verizon Communications

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.