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

EPAM EPAM Systems Inc
EQIX Equinix Inc REIT
MGNX MacroGenics Inc
MMC Marsh & McLennan Companies Inc
ULTA Ulta Beauty 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

HROW Harrow Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.