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

ADP Automatic Data Proc
EC Ecopetrol S.A.
FUSN Fusion Pharmaceuticals Inc
GKOS Glaukos Corp
INFY Infosys Tech Ltd ADS
MRK Merck & Co
RPRX Royalty Pharma plc
S SentinelOne Inc
STEP StepStone Group Inc
VRSK Verisk Analytics Inc
WDAY Workday Inc
WH Wyndham Hotels & Resorts 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

APD Air Products & Chem Inc
ATRC AtriCure Inc
KMB Kimberly-Clark Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.