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

ADP Automatic Data Proc
CTLT Catalent Inc
IMCR Immunocore Hldgs
IMVT Immunovant Inc
SIG Signet Jewelers Ltd
STEP StepStone Group Inc
TAL TAL Education Grp
VRSK Verisk Analytics Inc
WH Wyndham Hotels & Resorts Inc
ZTS Zoetis 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

APD Air Products & Chem Inc
BMY Bristol-Myers SQUIBB
CAE CAE Inc
DVN Devon Energy
FMC FMC Corp
KMB Kimberly-Clark Corp
NFG Natl Fuel Gas

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.