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

APO Apollo Asset Management Inc
COR Cencora Inc
CVNA Carvana Co Cl A
JXN Jackson Financial Inc
MUR Murphy Oil Corp
VIST Vista Oil & Gas
VTLE Vital Energy 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

CHWY Chewy Inc
DRI Darden Restaurants Inc
EAT Brinker Intl Inc
FLO Flowers Foods Inc
KDP Keurig Dr Pepper Inc
LW Lamb Weston Hldgs Inc
ROL Rollins Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.