On Thursday, we will watch Advance Auto Parts again (AAP). The stock left a Backdoor Slider on Wednesday, and if momentum reasserts itself, we could see follow through on Tuesdayââ,¬â"¢s Fast Ball move.
We will also use Abercrombie & Fitch (ANF) again. The stock triggered on Wednesday, but scored only a minor gain on the session.
Davita Corp (DVA) had an Infield Fly day on Wednesday, and we will be watching for a move lower on Thursday.
Advance Auto Parts

Abercrombie & Fitch

Davita Corp

Forest Laboratories Inc also had an Infield Fly day and looks poised for downside. The stock is a favorite of ours, as it can really move when the selling starts. If FRX manages to break the 20-period simple moving average, we will be looking to get short.
Forest Laboratories Inc

Manpower Inc put in a Line Drive on Wednesday, and managed to trade steadily higher throughout the session. I will be watching for a resumption of the uptrend as a cue to enter a long position.
Manpower Inc

Quanex (NX) extended its Backdoor Slider and will be on the short sale radar on Thursday again.
Quanex Corp

Finally, Teekay Shipping Corp is a Switch Hitter and looks good on the short side again.
Teekay Shipping Corp

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.