KBR Inc. (KBR) will be on our watch list on Thursday. The stock left a Backdoor Slider on Tuesday and any trade below 17.35 will have us looking for a short entry opportunity.
Las Vegas Sands Corp (LVS) is a Fast Ball setup for Thursday. There appears to be significant downside opportunity on this one, and we will look for entry and stop levels after a violation of the Wednesday low.
Oil STS International is another Backdoor Slider setup for Thursday. Wednesday’s narrow range trading will leave us looking for a breakdown below the Tuesday low prior to looking for additional weakness and a move below 38.25.
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