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

ALGM Allegro MicroSystems Inc
BILL BILL Holdings Inc
CPA Copa Hldg S.A.
MDB MongoDB Inc
RL Ralph Lauren Corp.
RMBS Rambus Inc
TDC Teradata Corp
TECK Teck Res Ltd Cl B
TTWO Take-Two Interactive Software
U Unity Software Inc
UPST Upstart Hldgs Inc
WRBY Warby Parker 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

NDAQ NASDAQ Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.