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

AU Anglogold Ashanti Ltd
EGO Eldorado Gold Corp
HSY The Hershey Co
KHC The Kraft Heinz Company
MRK Merck & Co
NVS Novartis Ag ADS
RSG Repub Svcs Inc
RVNC Revance Therapeutics Inc
SJM Smucker (J.M.)
TAP Molson Coors Beverage Co
UL Unilever PLC
WM Waste Mgt 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

COF Cap One Finl
CRDO Credo Technology Group Holding
FNKO Funko Inc
GLOB Globant SA
GME Gamestop Corp
MXL MaxLinear Inc
PSTG Pure Storage Inc Cl A
WAL Western Alliance Bancorp
ZM Zoom Video Communications

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.