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

BYON Beyond Inc
CAH Cardinal Health Inc
CROX Crocs Inc
DKS Dick's Sporting Goods
GPS Gap Inc
QSR Restaurant Brands Intl Inc
RBA Ritchie Bros Auctioneers
SFL SFL Corp Ltd
SMCI Super Micro Computer Inc
T AT&T Inc
WM Waste Mgt 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

AHH Armada Hoffler Properties Inc
DEA Easterly Gov Pptys Inc
IEP Icahn Enterprises LP
IMAX Imax Corp
TALO Talos Energy Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.