General Dynamics (GD) tops our list of potential short sale opportunities for Wednesday’s trading. The stock left a Fast Ball expansion of range and volume on Tuesday, and a move below 54.65 on Wednesday will prompt us to look for a short side entry opportunity.
On the long side, Shaw Group (SGR) is a 3-2 Pitch setup with a possible entry on trade above 27.35.
The Hannover Insurance Group Inc (THG) is also a possible long setup. The stock made a Fast Ball move higher on Tuesday, and price action above 43.77 will have us interested in an entry if we can find solid support for a stop and strength in the sector.
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