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

ABNB Airbnb Inc
ALLY Ally Finl Inc
BMY Bristol-Myers SQUIBB
BSX Boston Scientific Corporation
BX Blackstone Inc
CARR Carrier Global Corp
CELH Celsius Hldg Inc
CFG Citizens Finl Grp Inc
CLF Cleveland-Cliffs Inc
DAL Delta Airlines Inc
EBAY eBay Inc
EQT EQT Corp
GPS Gap Inc
HWM Howmet Aerospace Inc
IP Intl Paper
KO Coca-Cola Co
KVUE Kenvue Inc
MO Altria Grp
MOS The Mosaic Co (New)
MS Morgan Stanley
NEE NextEra Energy Inc
ORCL Oracle Corp
PEP Pepsico Inc
SLB Schlumberger Ltd
SYF Synchrony Finl
TFC Truist Financial Corp
TSN Tyson Foods 'A'
UAL United Airlines Hldgs Inc
USB US Bancorp
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

AMED Amedisys Inc
UPS United Parcel Service Inc
VRSN Verisign Inc
XEL Xcel Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.