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
BBWI Bath & Body Works Inc
BBY Best Buy
BMY Bristol-Myers SQUIBB
C Citigrp Inc
CAG Conagra Brands Inc
CELH Celsius Hldg Inc
CL Colgate-Palmolive Co
COF Cap One Finl
D Dominion Energy Inc
EL Lauder (Estee) Co
FE FirstEnergy Corp
FITB Fifth Third Bancorp
GPK Graphic Packaging Hldg Co
GPS Gap Inc
JPM JPMorgan Chase & Co
KMB Kimberly-Clark Corp
KMX CarMax, Inc
KVUE Kenvue Inc
LOW Lowe's Cos, Inc
MO Altria Grp
MRNA Moderna Inc
NEE NextEra Energy Inc
PEP Pepsico Inc
SYY Sysco Corp
TPR Tapestry Inc
UAL United Airlines Hldgs Inc
USB US Bancorp
WFC Wells Fargo & Company
WY Weyerhaeuser Co

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

AMED Amedisys Inc
JBHT Hunt(J.B.)Transport
NYT New York Times'A'
PLNT Planet Fitness Inc
REG Regency Centers
SBAC SBA Communications'A'
TDC Teradata Corp
TTWO Take-Two Interactive Software
VTR Ventas Inc
YETI YETI Holdings Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.