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

ADI Analog Devices
ADM Archer-Daniels-Midland
AEP Amer Electric Pwr
AMAT Applied Materials
APH Amphenol Corp A
ARMK Aramark
AXP American Express Co
BAC Bank of America Corporation
BK Bank of New York Mellon Corp
BRK.B Berkshire Hathaway'B'
DHR Danaher Corp
DIS Disney (Walt) Co
DOW Dow Inc
FCX Freeport-McMoRan Inc
FE FirstEnergy Corp
GE General Electric Co
GLW Corning Inc
INVH Invitation Homes Inc
MCHP Microchip Tech
MDT Medtronic plc
MGM MGM Resorts Intl
MNST Monster Beverage Corporation
MOS The Mosaic Co (New)
NEE NextEra Energy Inc
NEM Newmont Corp
NWSA News Corp Cl A
OKE Oneok Inc
ORCL Oracle Corp
PEG Pub Svc Enterprises Gr Incorp
PENN PENN Entertainment, Inc
PPL PPL Corp
PSX Phillips 66
SCHW Charles Schwab Corp
SO Southern Co Inc
SRE Sempra Energy
TGT Target Corp
WDC Western Digital
WMB Williams Companies

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

FTNT Fortinet Inc
HUM Humana Inc
JAZZ Jazz Pharmaceuticals plc
VRTX Vertex Pharmaceuticals
WMT Walmart Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.