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

AAPL Apple Inc
ACMR ACM Research Inc Cl A
CLDX Celldex Therapeutics Inc
DUOL Duolingo, Inc. Class A Common
HMST HomeStreeT Inc
PHG Koninklijke Philips NV
SQSP Squarespace 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

ZGN Ermenegildo Zegna Holditalia S

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.