On Thursday, we will have Coach Inc. (COH) on the radar again, as the stock is showing signs of weakening at resistance and may attempt a move down to the 50-period simple moving average.

Iron Mountail Inc (IRM) did not trigger on Wednesday, but did not violate the Double Header pattern parameters so we will use it again on Thursday.

Coach Inc

Iron Mountain Inc

Quicksilver Resources Inc (KWK) left an Infield Fly on the daily chart and had substantial volume during the intraday selling into the tail of the bar. We will look for a break below the Wednesday low coupled with weakness in the Oil & Gas index (XOI.X) to signal a potential short side entry.

Quicksilver Resources Inc

Moodyââ,¬â"¢s Corp (MCO) had a Fast Ball expansion of range and volume on news that second-quarter profits rose 18 percent, due to growing demand for credit ratings, its main business. If the stock triggers a long entry, we will be on the lookout for resistance at 60.82.

Moodyââ,¬â"¢s Corp

St Jude Medical Inc (STJ) also had a news driven Infield Fly day on Wednesday, setting the stock up for some downside during the Thursday session. We will keep an eye on healthcare and the device makers for clues as to what STJ might do.

St Jude Medical Inc

Finally, an Infield Fly in Zimmer Holdings Inc (ZMH) offers promise for an interesting trade on Thursday. We will watch the early price action and the OpenBook for signs of size to sell to indicate the probability of a successful entry.

Zimmer Holdings Inc

Adrian Manz is the author of Around The Horn: A Trader's Guide To Consistently Scoring In The Markets and is cofounder of TraderInsight.com. Email him at adrian@traderinsight.com.