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
ARCH Arch Resources Inc
BANC Banc of CA Inc
CSX CSX Corp
EYPT EyePoint Pharma Inc
FLEX Flex Ltd
FTNT Fortinet Inc
HBAN Huntington Bancshs
HPE Hewlett-Packard Enterprise Co
IOVA Iovance Biotherapeutics Inc
JBL Jabil Inc
KEYS Keysight Tech Inc
KTOS Kratos Defense & Security Sol
NET CloudFlare Inc
PEB Pebblebrook Hotel Trust
SBS Comp De Saneamento-Sabesp ADS
SFL SFL Corp Ltd
SNV Synovus Finl Corp
SUM Summit Matrials Inc
TTD The Trade Desk Inc Cl A

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

ADM Archer-Daniels-Midland
BKR Baker Hughes a GE Co Cl A
LNG Cheniere Energy
QDEL Quidel Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.