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

FAST Fastenal Co
ING ING Grp ADS
NCR NCR Corp
UNP Union Pacific Corp
YPF YPF Sociedad Anonima ADS

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

ARWR Arrowhead Pharma Inc
GDDY GoDaddy Inc
GLPI Gaming and Leisure Pptys Inc
KW Kennedy-Wilson Hldgs, Inc.
SAGE Sage Therapeutics Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.