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

ADBE Adobe Inc
AKAM Akamai Technologies
ATEC Alphatec Hldg Inc
BRBR Bellring Brands Inc
CHKP Check Point Software Tech
PANW Palo Alto Networks Inc
QLYS Qualys Inc
S SentinelOne Inc
ZS Zscaler 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

LI Li Auto Inc
PEG Pub Svc Enterprises Gr Incorp
PHAT Phathom Pharmaceuticals Inc
ZTO ZTO Express Cayman Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.