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

ABT Abbott Laboratories
AEP Amer Electric Pwr
AMD Advanced Micro Devices Inc
BAX Baxter Intl Inc
BMY Bristol-Myers SQUIBB
CAH Cardinal Health Inc
CFG Citizens Finl Grp Inc
CMS CMS Energy
CSX CSX Corp
EXC Exelon Corp
FIS Fidelity National Information
FITB Fifth Third Bancorp
FTNT Fortinet Inc
GIS Genl Mills
GLW Corning Inc
IBM Intl Business Machines Corp
MCHP Microchip Tech
MRNA Moderna Inc
MU Micron Tech
NI Nisource Inc
NVDA Nvidia Corp
ON ON Semiconductor Corp
PPL PPL Corp
QCOM Qualcomm Inc
TGT Target Corp
TXN Texas Instruments
UBER Uber Technologies Inc
UPS United Parcel Service Inc
WY Weyerhaeuser Co
YUM Yum! Brands 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

CHDN Churchill Downs
DBX Dropbox Inc
GXO GXO Logistics Inc
JAZZ Jazz Pharmaceuticals plc
PAYC Paycom Software Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.