On Wednesday, I will be watching AFLAC Inc (AFL) for a reversal move to the downside. The stock left an Infield Fly just above the 50-period simple moving average on Monday and a move below this level could lead AFL back into its recent trading range.
Kimberly-Clark Corp had a consolidation Fast Ball move on good volume on Monday, and we will have the stock on screen on Tuesday. We will be watching for a move above the Monday high to trigger a long entry.
Among the retailers (RLX.X), Kohls Corp (KSS) had a pullback Fast Ball move that shows promise for some additional upward momentum with support around 62.22 on Tuesday.
Scripps (SSP) did not trigger on Monday and left a Backdoor Slider. We will use it again on Tuesday.
In the Sinker category, Vimpel-Communications (VIP) looks ready for some retracement time and will be on the watch list around here on Wednesday as well.
AFLAC Inc
Kimberly-Clark Corp
Kohls Corp
Scripps EW
Vimpel Communications
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.