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

AVTR Avantor Inc
BHP BHP Billiton Ltd ADR
EXEL Exelixis Inc
GIL Gildan Activewear Inc
TPG TPG Partners LLC
VALE VALE S.A.
VIV VIV

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

AMLX Amylyx Pharmaceuticals Inc
ARGX Argenx SA ADS
BCE BCE Inc
BTI British Amer Tobacco ADS
PNW Pinnacle West Cap Corp
SNY Sanofi Aventis
TAK Takeda Pharmaceutical Co Ltd

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.