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

FDX FedEx Corp
NCNO nCino 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

KMI Kinder Morgan Inc
NKE Nike Inc Cl B
STR Sitio Royalties Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.