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

ANET Arista Networks
BHVN Biohaven Pharma Hldg Co Ltd
BROS Dutch Bros Inc
BURL Burlington Stores Inc
FBIN Fortune Brands Innovations Inc
FERG Ferguson PLC
HIMS Hims & Hers Health Inc
IMNM Immunome Inc
MGNX MacroGenics 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

IRDM Iridium Communications Inc
KRG Kite Realty Grp Trust
MDLZ Mondelez Int'l Inc Cl A
SBUX Starbucks Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.