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

ARMK Aramark
BAC Bank of America Corporation
BKR Baker Hughes a GE Co Cl A
CSX CSX Corp
D Dominion Energy Inc
DAL Delta Airlines Inc
EBAY eBay Inc
FITB Fifth Third Bancorp
GE General Electric Co
GPS Gap Inc
HST Host Hotels & Resorts Inc
IBM Intl Business Machines Corp
IPG Interpub Grp Cos
JCI Johnson Controls Intl Plc
JPM JPMorgan Chase & Co
KO Coca-Cola Co
KR Kroger Co
META Meta Platforms Inc
MMM 3M Co
MNST Monster Beverage Corporation
MSFT Microsoft Corp
ORCL Oracle Corp
PG Procter & Gamble Co
SCHW Charles Schwab Corp
TFC Truist Financial Corp
UAL United Airlines Hldgs Inc
USB US Bancorp
V Visa Inc
WFC Wells Fargo & Company
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

AMGN Amgen Inc
APD Air Products & Chem Inc
CAR Avis Budget Grp
CYTK Cytokinetics Inc
CZR Caesars Entertainment Corp
EQT EQT Corp
EXPE Expedia Grp Inc
KDP Keurig Dr Pepper Inc
RGLD Royal Gold Inc
SBAC SBA Communications'A'
VRTX Vertex Pharmaceuticals

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.