On Thursday, we will be watching Canadian National Railway (CNI) for a continuation of Wednesdayââ,¬â"¢s Line Drive move. We will be interested in any trade above the Wednesday high.
We will also be watching for a Fast Ball expansion of range and volume continuation in Federal Home Loan Mortgage Corp (FRE). The stock made a strong steady move throughout the day and closed well on the day.
Finally, Stryker Corp made a Line Drive move on heavy volume, and will also be on the radar on throughout the Thursday session.
Canadian National Railway

Federal Home Loan Mortgage Corp

Stryker 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.