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

AMAT Applied Materials
AMH American Homes 4 Rent
APH Amphenol Corp A
BAX Baxter Intl Inc
BKR Baker Hughes a GE Co Cl A
CF CF Industries Hldgs Inc
CFG Citizens Finl Grp Inc
D Dominion Energy Inc
DOW Dow Inc
EBAY eBay Inc
EXC Exelon Corp
FCX Freeport-McMoRan Inc
FITB Fifth Third Bancorp
GIS Genl Mills
GLW Corning Inc
HD Home Depot Inc
HST Host Hotels & Resorts Inc
IBM Intl Business Machines Corp
LOW Lowe's Cos, Inc
META Meta Platforms Inc
MMM 3M Co
MSFT Microsoft Corp
NCLH Norwegian Cruise Line Hldg
PPL PPL Corp
SCHW Charles Schwab Corp
SO Southern Co Inc
TPR Tapestry Inc
TXN Texas Instruments
UBER Uber Technologies Inc
VLO Valero Energy

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

COLM Columbia Sportswear
CYTK Cytokinetics Inc
CZR Caesars Entertainment Corp
FIVE Five Below Inc
GL Globe Life Inc
JBL Jabil Inc
MDT Medtronic plc
NARI Inari Medical Inc
O Realty Income
SPGI S&P Glbl Inc
VRTX Vertex Pharmaceuticals

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.