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

ACMR ACM Research Inc Cl A
DAL Delta Airlines Inc
EXTR Extreme Networks
KLAC KLA Corp
NFLX Netflix 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

AEP Amer Electric Pwr
BTI British Amer Tobacco ADS
CNI Canadian Natl Railway
CNP Centerpoint Energy
DTE DTE Energy
DUK Duke Energy Corporation
ED Consolidated Edison
ES Eversource Energy
ETR Entergy Corp
FE FirstEnergy Corp
HON Honeywell Intl
NEE NextEra Energy Inc
NEP NextEra Energy Partners LP
PPL PPL Corp
SBGI Sinclair Broadcast Grp'A'
SRE Sempra Energy
TRP Transcanada Corp
TRV The Travelers Companies Inc
WTRG Essential Utilities Inc
YUMC Yum China Hldgs Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.