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

AIG Amer Intl Grp
BAC Bank of America Corporation
BALL Ball Corp
BMY Bristol-Myers SQUIBB
C Citigrp Inc
CFG Citizens Finl Grp Inc
CHX ChampionX Corp
CL Colgate-Palmolive Co
CNP Centerpoint Energy
DIS Disney (Walt) Co
EW Edwards Lifesciences Corp
FAST Fastenal Co
FI Fiserv Inc
FITB Fifth Third Bancorp
GLW Corning Inc
GPS Gap Inc
JPM JPMorgan Chase & Co
KVUE Kenvue Inc
MA Mastercard Inc
MRK Merck & Co
NI Nisource Inc
NVDA Nvidia Corp
RF Regions Finl Corporation
SLB Schlumberger Ltd
SMCI Super Micro Computer Inc
SO Southern Co Inc
SRE Sempra Energy
TGT Target Corp
WY Weyerhaeuser Co
YUM Yum! Brands 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

ALGM Allegro MicroSystems Inc
AWK American Water Works Co Inc
HUM Humana Inc
NVST Envista Holdings Corp
TSLA Tesla Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.