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.

BITA Bitauto Holdings Ltd
CHS Chico's Fas
M Macy's Inc
WSM Williams-Sonoma

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.

BSAC Banco Santander-Chile ADS
DLR Digital Realty Trust Inc
HGG HHGREGG INC
HR Healthcare Realty Tr
LRY Liberty Property Trust
REG Regency Centers
TKR Timken Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.