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

ABBV AbbVie Inc
ABNB Airbnb Inc
AMZN Amazon.com Inc
ANSS Ansys Inc
AXP American Express Co
BAC Bank of America Corporation
BAX Baxter Intl Inc
BEN Franklin Res Inc
BRK.B Berkshire Hathaway'B'
CAT Caterpillar Inc
CCI Crown Castle Inc
DD DuPont de Nemours Inc
DOW Dow Inc
ENPH Enphase Energy Inc
FCX Freeport-McMoRan Inc
FE FirstEnergy Corp
FIS Fidelity National Information
FITB Fifth Third Bancorp
GE General Electric Co
GLW Corning Inc
HWM Howmet Aerospace Inc
IFF Intl Flavors/Fragr
K Kellanova
KVUE Kenvue Inc
MDT Medtronic plc
MRNA Moderna Inc
MS Morgan Stanley
NEE NextEra Energy Inc
NFLX Netflix Inc
NI Nisource Inc
O Realty Income
OKE Oneok Inc
PLD Prologis Inc
PM Philip Morris Intl Inc
TFC Truist Financial Corp
TXN Texas Instruments
UDR UDR Inc
UPS United Parcel Service Inc
USB US Bancorp
WY Weyerhaeuser Co

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

CME CME Grp Inc
GO Grocery Outlet Holding Corp
HALO Halozyme Therapy Inc
MANH Manhattan Associates
OLLI Ollies Bargain Outlet Hldgs
SNPS Synopsys Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.