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

CRSP CRISPR Therapeutics AG
EGO Eldorado Gold Corp
ENLC Enlink Midstream LLC
ET Energy Transfer L.P.
FIS Fidelity National Information
NVO Novo-Nordisk A/S ADR
PAA Plains All American Pipeline
WES Western Midstream Partners LP

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

BIIB Biogen Inc
EXTR Extreme Networks
INSP Inspire Medical Systems Ins
PHR Phreesia Inc
TRU TransUnion

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.