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

LZ LegalZoom.com, Inc. Common Sto
PRGO Perrigo Co plc

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
BCE BCE Inc
BMRN Biomarin Pharmaceutical
IRT Independence Realty Trust Inc
IVR Invesco Mtge Cap Inc
MO Altria Grp
NLY Annaly Cap Mgt Inc
TWO Two Harbors Inv Corp
WU Western Union Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.