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

ADNT Adient plc
ALGM Allegro MicroSystems Inc
ASAN Asana Inc
BSY Bentley Systems Inc
DAN Dana Inc
FUTU Futu Holdings
MGA Magna Intl Cl'A'
MU Micron Tech
NYCB New York Community Bancorp
ON ON Semiconductor Corp
QRVO Qorvo Inc
RL Ralph Lauren Corp.
SWK Stanley Black & Decker Inc
TDC Teradata Corp
TECK Teck Res Ltd Cl B
TEL TE Connectivity Ltd
TTD The Trade Desk Inc Cl A
U Unity Software 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

APLS Apellis Pharmaceuticals Inc
CVX Chevron Corporation
JXN Jackson Financial Inc
SRCL Stericycle Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.