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

ABCM Abcam plc
AMX America Movil S.A.B. de C.V.
BAK Braskem SA
DOX Amdocs Ltd
FR First Industrial Rlty Tr
IONS Ionis Pharma Inc
SGRY Surgery Partners Inc
THC Tenet Healthcare
TSM Taiwan Semiconductor Mfg ADS

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

CBU Community Bank System
CF CF Industries Hldgs Inc
GILD Gilead Sciences
HRB Block (H&R)
IRWD Ironwood Pharmaceuticals Inc'A
MDRX Veradigm Inc. Common Stock
SEE Sealed Air
ZIM Zim Integrated Shipping S
ZION Zions Bancorp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.