Devon Energy Corp (DVN) is a potential Sinker setup for Thursday’s trading. I will be looking for the stock to attempt a breakout of the Wednesday high and then reverse lower through the close. Trade below 99.40 will be indication to me of a potential short-side entry.

Devon Energy Corp (DVN)


Investment Technology Group Inc (ITG) is a Fast Ball expansion of range and volume candidate, and any move above 48.28 will serve as indication of a potential long entry.

Investment Technology Group Inc (ITG)


Oil States (OIS) made a Line Drive move on Wednesday, and we will have the stock on the radar for a continuation move above 42.70 on Thursday.

Oil States International Inc (OIS)


Timken Co. (TKR) is also a long candidate for Thursday. The stock made a Fast Ball move, and any trade that gets us .10 above the Wednesday high will have me looking for a long entry opportunity.

Timken Co (TKR)


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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.