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

CHTR Charter Communications Inc
IP Intl Paper
LOPE Grand Canyon Education Inc
MTSI MACOM Tech Solutions

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

AAPL Apple Inc
ABT Abbott Laboratories
ALLY Ally Finl Inc
AXP American Express Co
BAX Baxter Intl Inc
BEN Franklin Res Inc
BRK.B Berkshire Hathaway'B'
CCI Crown Castle Inc
CFG Citizens Finl Grp Inc
CNP Centerpoint Energy
CPRT Copart Inc
CSGP Costar Grp
DLTR Dollar Tree Inc
ED Consolidated Edison
EQT EQT Corp
EW Edwards Lifesciences Corp
FE FirstEnergy Corp
FI Fiserv Inc
FITB Fifth Third Bancorp
IBM Intl Business Machines Corp
JNJ Johnson & Johnson
MO Altria Grp
MRK Merck & Co
MS Morgan Stanley
NEM Newmont Corp
NVDA Nvidia Corp
O Realty Income
OKE Oneok Inc
ORCL Oracle Corp
PEG Pub Svc Enterprises Gr Incorp
PLD Prologis Inc
PM Philip Morris Intl Inc
SBUX Starbucks Corp
V Visa Inc
VTR Ventas Inc
WEC WEC Energy Group Inc
WFC Wells Fargo & Company
WMB Williams Companies
WY Weyerhaeuser Co
ZION Zions Bancorp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.