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
ADSK Autodesk, Inc
CCEP Coca-Cola Europacific Partners
COST Costco Wholesale Corp
CRSP CRISPR Therapeutics AG
ELF e l f Beauty Inc
HCP HashiCorp Inc
LYFT Lyft Inc
PATH UiPath Inc
SSNC SS&C Technologies Hldgs Inc
WDAY Workday Inc
ZS Zscaler 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

MXL MaxLinear Inc
NEM Newmont Corp
OI O-I Glass Inc
PARA Paramount Glbl Cl B
YELP Yelp Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.