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

FR First Industrial Rlty Tr
HOG Harley-Davidson
MAC Macerich 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

AMBA Ambarella Inc
DEO Diageo Plc
LNTH Lantheus Hldgs Inc
PTCT PTC Therapeutics Inc
SQM Sociedad Quimica Y Minera ADS
VIRT Virtu Finl Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.