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

CPRT Copart Inc
EQNR Equinor ASA
GOOG Alphabet Inc Cl C Cap Stock
GOOGL Alphabet Inc Cl A
NFLX Netflix Inc
NTES Netease Inc Ads

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

AAL American Airlines Grp inc
CFLT Confluent, Inc. Class A Common
DAL Delta Airlines Inc
EL Lauder (Estee) Co
ENPH Enphase Energy Inc
FHN First Horizon National Corp
GM General Motors Co
HR Healthcare Realty Trust Inc
IVZ Invesco Ltd
JNJ Johnson & Johnson
JWN Nordstrom Inc
KHC The Kraft Heinz Company
LUV Southwest Airlines Co
PEAK Healthpeak Properties Inc
RF Regions Finl Corporation
RTX RTX Corp
RUN Sunrun Inc
VICI Vici Pptys Inc
VKTX Viking Therapeutics Inc
WOLF Wolfspeed Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.