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

ABT Abbott Laboratories
BF.B Brown-Forman Corp Cl B
C Citigrp Inc
CAT Caterpillar Inc
CBOE CBOE Glbl Mkts Inc
CHD Church & Dwight
CHX ChampionX Corp
CLX Clorox Co
DHR Danaher Corp
EW Edwards Lifesciences Corp
GPN Global Payments Inc
HLT Hilton Worldwide Hldg Inc
IFF Intl Flavors/Fragr
INGR Ingredion Inc
MA Mastercard Inc
MDLZ Mondelez Int'l Inc Cl A
MDT Medtronic plc
MRK Merck & Co
NBIX Neurocrine Biosciences
ORCL Oracle Corp
PFGC Performance Food Grp Co
PG Procter & Gamble Co
PRU Prudential Finl
PSX Phillips 66
ROL Rollins Inc
SJM Smucker (J.M.)
TXT Textron, Inc
VZ Verizon Communications
WM Waste Mgt Inc
WMT Walmart 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

ADNT Adient plc
ALB Albemarle Corp
AMT American Tower Corp
ASB Associated Banc-Corp
BEN Franklin Res Inc
BMY Bristol-Myers SQUIBB
CADE Cadence Bank
CCI Crown Castle Inc
CFG Citizens Finl Grp Inc
CGNX Cognex Corp
CMA Comerica Inc
DD DuPont de Nemours Inc
ES Eversource Energy
FSLR First Solar Inc
INVH Invitation Homes Inc
IP Intl Paper
MCHP Microchip Tech
MTCH Match Group Inc
OKE Oneok Inc
ORI Old Republic Intl Corp
PENN PENN Entertainment, Inc
RMBS Rambus Inc
SCHW Charles Schwab Corp
TSLA Tesla Inc
TXN Texas Instruments
VNO Vornado Realty Trust
WELL Welltower OP Inc
WOLF Wolfspeed Inc
YETI YETI Holdings Inc
ZION Zions Bancorp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.