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

AX Axos Financial Inc
DOCU DocuSign Inc
FSK FS KKR Capital Corp
FYBR Frontier Communications Parent
HOPE Hope Bancorp Inc
PPBI Pacific Premier Bancorp
RITM Rithm Capital Corp
SFNC Simmons First Natl Corp
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

RGNX Regenxbio Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.