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

CHD Church & Dwight
NVS Novartis Ag ADS
PG Procter & Gamble Co
SONY Sony Group Corp
USAC USA Compression Partners LP

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

CNK Cinemark Hldg Inc
GO Grocery Outlet Holding Corp
LSCC Lattice Semiconductor

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.