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

AFG Amer Finl Grp Inc
CAH Cardinal Health Inc
CHH Choice Hotels Intl
CI The Cigna Group
CLH Clean Harbors Inc
COHR Coherent Corp
CSCO Cisco Systems
GWW Grainger (W.W.)
HLT Hilton Worldwide Hldg Inc
HQY HealthEquity Inc
HUBB Hubbell Inc
LITE Lumentum Hldgs Inc
MCK McKesson Corp
MOH Molina Healthcare
NCLH Norwegian Cruise Line Hldg
OPCH Option Care Health Inc
PANW Palo Alto Networks Inc
RCL Royal Caribbean Cruises
STZ Constellation Brands 'A'
SYY Sysco Corp
UNM Unum Grp
XPO XPO 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

BCO The Brink's Co
BKH Black Hills Corp
D Dominion Energy Inc
DIS Disney (Walt) Co
ED Consolidated Edison
ETR Entergy Corp
FMC FMC Corp
GILD Gilead Sciences
IART Integra Lifesciences Hldg Corp
IDA Idacorp Inc
IFF Intl Flavors/Fragr
ILMN Illumina Inc
KO Coca-Cola Co
MKC Mccormick & Co
MRCY Mercury Systems Inc
MRNA Moderna Inc
NEE NextEra Energy Inc
NWE NorthWestern Corporation
OGE OGE Energy Corp
OGS ONE Gas Inc
ORA Ormat Technologies Inc
PNM PNM Resources Inc
POR Portland General Electric Co
REGN Regeneron Pharmaceuticals
RGLD Royal Gold Inc
SON Sonoco Products
STAA Staar Surgical
WING Wingstop Inc
WTRG Essential Utilities Inc
XEL Xcel Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.