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

ACN Accenture PLC (Ireland) NEW
CTVA Corteva Inc W*
CVX Chevron Corporation
DAR Darling Ingredients Inc
DHR Danaher Corp
ES Eversource Energy
EXEL Exelixis Inc
GOOGL Alphabet Inc Cl A
HES Hess Corporation
HON Honeywell Intl
HRB Block (H&R)
HRL Hormel Foods Corp
IBM Intl Business Machines Corp
INVH Invitation Homes Inc
K Kellanova
KDP Keurig Dr Pepper Inc
KO Coca-Cola Co
MCD McDonald's Corp
MOS The Mosaic Co (New)
MPC Marathon Petro Corp
MSFT Microsoft Corp
NDAQ NASDAQ Inc
NUE Nucor Corp
PANW Palo Alto Networks Inc
PEP Pepsico Inc
PGR The Progressive Corp
PM Philip Morris Intl Inc
PSTG Pure Storage Inc Cl A
RTX RTX Corp
SO Southern Co Inc
UBER Uber Technologies Inc
UNM Unum Grp
UNP Union Pacific Corp
VICI Vici Pptys Inc
VLO Valero Energy
VTR Ventas Inc
WELL Welltower OP Inc
WM Waste Mgt Inc
WMB Williams Companies
YETI YETI Holdings 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

EG Everest Group Ltd
EME Emcor Grp
EXC Exelon Corp
LNTH Lantheus Hldgs Inc
MTN Vail Resorts
PAYX Paychex Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.