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

CALM Cal-Maine Foods
IMNM Immunome 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

AGEN Agenus, Inc.
ALGM Allegro MicroSystems Inc
BABA Alibaba Group Holding Ltd
BEKE KE Holdings Inc
CIEN Ciena Corp
IRDM Iridium Communications Inc
YUMC Yum China Hldgs Inc
ZTO ZTO Express Cayman Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.