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

CNK Cinemark Hldg Inc
CVE Cenovus Energy Inc
FRPT Freshpet Inc
FTDR Frontdoor, Inc. Common Stock
SATS EchoStar Corporation
STNE StoneCo Ltd
TOST Toast 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

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.