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

ADEA Adeia Inc
BHP BHP Billiton Ltd ADR
EQNR Equinor ASA
FYBR Frontier Communications Parent
GD General Dynamics Corp
REG Regency Centers
SM SM Energy 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

SGH SMART Glbl Hldgs Inc
TDC Teradata Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.