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

ABBV AbbVie Inc
AMAT Applied Materials
APA APA Corp
ARMK Aramark
AVGO Broadcom Inc
AXP American Express Co
CF CF Industries Hldgs Inc
CHK Chesapeake Energy Corp
CNX Consol Energy Inc
CPRT Copart Inc
CRM Salesforce Inc
CTRA Coterra Energy Inc
DECK Deckers Outdoor Corp
DHR Danaher Corp
EXC Exelon Corp
FTNT Fortinet Inc
HST Host Hotels & Resorts Inc
IBM Intl Business Machines Corp
LIN Linde PLC
META Meta Platforms Inc
NWSA News Corp Cl A
OVV Ovintiv Inc
PSTG Pure Storage Inc Cl A
SLM SLM Corp
SMCI Super Micro Computer Inc
SYF Synchrony Finl
UBER Uber Technologies Inc
V Visa Inc
VLTO Veralto Corp
WDC Western Digital

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

ALE Allete Inc
CC The Chemours Company
CHDN Churchill Downs
IDA Idacorp Inc
JAZZ Jazz Pharmaceuticals plc
LMT Lockheed Martin Corp
LUV Southwest Airlines Co
NSP Insperity Inc
QDEL Quidel Corp
UNH UnitedHealth Grp Inc
XEL Xcel Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.