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
ARWR Arrowhead Pharma Inc
COCO Vita Coco Co Inc/The
MNST Monster Beverage Corporation
SWAV SchockWave Medical Inc
TGI Triumph Grp
VYGR Voyager 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

ULCC Frontier Group Hlgs Inc
WRBY Warby Parker Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.