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

ACI Albertsons Cos Inc
ADP Automatic Data Proc
BAH Booz Allen Hamilton Hldg Cp
CCCS CCC Intelligent Solutions Hldg
CNQ Canadian Natural Resources
CVE Cenovus Energy Inc
MGY Magnolia Oil & Gas
NOG Northern Oil and Gas Inc
RPM RPM Intl
RSG Repub Svcs Inc
SU Suncor Energy (New)
VRSK Verisk Analytics 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

AES AES Corp
SSRM SSR Mining Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.