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

ETNB 89bio Inc
HXL Hexcel Corp
IAC IAC Inc.
RCM R1 RCM Inc
ROIV Roivant Sciences Ltd
SGRY Surgery Partners Inc
SPOT Spotify Technology SA

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

BTU Peabody Energy Corp
CF CF Industries Hldgs Inc
CHGG Chegg Inc
CVX Chevron Corporation
DVN Devon Energy
IP Intl Paper
MMM 3M Co
OGN Organon & Co
SEE Sealed Air
TALO Talos Energy Inc
TSN Tyson Foods 'A'
VALE VALE S.A.
WRK Westrock Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.