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
AMT American Tower Corp
CABA Cabaletta Bio Inc
CLDX Celldex Therapeutics Inc
EYPT EyePoint Pharma Inc
HBAN Huntington Bancshs
KEYS Keysight Tech Inc
KTOS Kratos Defense & Security Sol
SBS Comp De Saneamento-Sabesp ADS
TMO Thermo Fisher Scientific 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

ADM Archer-Daniels-Midland
BKR Baker Hughes a GE Co Cl A
MNSO MINISO Group Hldg Ltd
QDEL Quidel Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.