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

BA Boeing Co
CRH CRH Plc ADS
DAL Delta Airlines Inc
FAST Fastenal Co
INOD Innodata Inc
NCR NCR Corp
PHG Koninklijke Philips NV
VSH Vishay Intertech
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

BEAM Beam Therapeutics Inc
GLPI Gaming and Leisure Pptys Inc
RARE Ultragenyx Pharmaceutical Inc
SAGE Sage Therapeutics Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.