Canadian Natural Resources Ltd. (CNQ) made a Fast Ball moved lower on Wednesday on the heels of a loosely formed Switch Hitter pullback. I will watch the stock for a move below 65.00 per share on Thursday and consider a short side entry on sector weakness.

Nationwide Health Properties (NHP) had a high level Infield Fly day and will be on the radar for a move below 33.63 on Thursday.

Overseas Ship Holding Group (OSG) is also an Infield Fly set up. Tuesday's Fast Ball day led to an intraday continuation to the 50-period simple moving average, but the broad reversal has the stock looking ready for a move lower on trade below 61.15 per share.

Overseas Ship Holding Group (OSG)


Finally, Suncor Energy Inc. (SU) appears ready to test multi-month support after a very wide range trading day. The Fast Ball set up the stock left will have me looking at a potential short entry below 95.13 on broader market and sector weakness.

P.S. If you enjoy my column and would like to join our Intraday Trading Plan, try it free for one week.  Click here to start receiving our best trading setups for every trading day.

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.