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

ASB Associated Banc-Corp
AX Axos Financial Inc
DOCU DocuSign Inc
FSK FS KKR Capital Corp
FULT Fulton Finl Corp
METC Ramaco Res Inc
TDS Telephone & Data Systems Inc
VZ Verizon Communications

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

YUMC Yum China Hldgs Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.