Armor Holdings Inc. (AH) made a Line Drive move on Tuesday. We will watch the stock for extension opportunities on Wednesday.
In Retail (RLX.X) we will be watching Autozone (AZO) for a move higher on the heels of Tuesday’s Fast Ball move. I will be most interested in a move that starts after a pullback to the 121 level.
DST Systems Inc. (DST) consolidated Monday’s Fast Ball in a Backdoor Slider on Tuesday. We will be looking for long opportunities on Wednesday on signs of continued strength.
Freeport Mcmoran Copper & Gold is a Switch Hitter pullback setup. We will be on the lookout for short sale opportunities for a potential one to three day trade.
Mobile Telesystems ADR cracked the 50 period simple moving average on Tuesday in a Fast Ball expansion move lower. Julie and I will be watching for a pullback and extension entry opportunity throughout the Wednesday session.
Armor Holdings Inc.
Autozone
DST Systems Inc
Freeport Mcmoran Copper & Gold
Mobile Telesystems ADR
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Adrian Manz is the author of Around The Horn: A Trader's Guide To Consistently Scoring In The Markets and is co-founder of TraderInsight.com. Email him at adrian@traderinsight.com.
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