Anglogold (AU) bears watching on Friday, as the stock made a Fast Ball expansion of range and volume move that has the stock ready to retest levels established by the July ââ,¬â€œ September 2006 trading range.

Drugs are taking a beating on the heels of the Democratic victories Tuesday. In addition to the stocks mentioned in tnightââ,¬â"¢s podcast, we will have Baxter International (BAX) on screen Friday. The stock made a Fast Ball mve down through the 50-period Simple Moving Average and seems ready to keep moving to recent support.

Anglogold Limited ADS

Baxter International

Snap-On Tools made a Fast Ball move out of a Switch Hitter retracement and is oerched on the 20-period Simple Moving Average with potential downside to the 45.60 support level established in October 2006.

Snap-On Inc

Finally, among the Medical Instruments stocks, Stryker Corp (SYK) is an attractive short side setup.  In recent sessions, the stock has been unable to recapture the 20-period Simple Moving Average and mad a Fast Ball expansion of range and volume on Thursday that has it closing below the 50-period Simple Moving Average.

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.