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

ABBV AbbVie Inc
ADI Analog Devices
AIZ Assurant Inc
ANSS Ansys Inc
CEG Constellation Energy Corp
CHD Church & Dwight
COST Costco Wholesale Corp
CPRT Copart Inc
CRM Salesforce Inc
CTSH Cognizant Tech Solutions'A'
DRI Darden Restaurants Inc
GDDY GoDaddy Inc
ISRG Intuitive Surgical
KEYS Keysight Tech Inc
NRG NRG Energy Inc
NVT nVent Electric PLC W/I
ODFL Old Dominion Freight Line
ORCL Oracle Corp
PG Procter & Gamble Co
POST Post Hldg Inc
PSX Phillips 66
RSG Repub Svcs Inc
SBUX Starbucks Corp
TJX TJX Companies
TMO Thermo Fisher Scientific Inc
TXRH Texas Roadhouse Inc
UBER Uber Technologies Inc
VRSK Verisk Analytics Inc
VRTX Vertex Pharmaceuticals
VST Vistra Corp

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

ADM Archer-Daniels-Midland
BWA Borg Warner
CGNX Cognex Corp
CMCSA Comcast Cl A
D Dominion Energy Inc
EQT EQT Corp
EXC Exelon Corp
FOXA Twenty-First Century Fox Inc A
GEN Gen Digital Inc
HPQ HP Inc
INTC Intel Corp
IP Intl Paper
JNJ Johnson & Johnson
MO Altria Grp
MS Morgan Stanley
NEE NextEra Energy Inc
NI Nisource Inc
NKE Nike Inc Cl B
PENN PENN Entertainment, Inc
PFE Pfizer Inc
PM Philip Morris Intl Inc
PPL PPL Corp
PYPL PayPal Hldgs Inc
SCHW Charles Schwab Corp
SO Southern Co Inc
TAP Molson Coors Beverage Co
TFC Truist Financial Corp
USB US Bancorp
VNO Vornado Realty Trust
WOLF Wolfspeed Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.