Health Maintenance stocks have been on the radar for the past several sessions, and Amerigroup Corp (AGP) will be on screen for a move in either direction Wednesday. The stock made a Fast Ball high on solid volume Tuesday and is poised to retest 2005 trading levels. The alternative entry on this one will be as a Sinker reversal as it is trading at 52-week highs.
If Retail (RLX.X) softens up, we will be looking at Ann Taylor Stores Corp (ANN) once again for more downside action. The most recent price action has left the stock in an Infield Fly setup just below the 50-period simple moving average.
Burlington Northern Santa Fe Corp (BNI) looks ready to continue higher as oil prices continue to drift lower. We will be particularly interested in a move after a retest of the 76.51 level.
Goodrich (GR) will be on our list of potential Sinker reversals if the stock tries to break higher and meets with resistance.
And finally, Navistar left an Infield Fly setup, and we will be looking to short the stocks on signs of weakness.
Amerigroup Corp

Ann Taylor Stores Corp

Burlington Northern Santa Fe Corp

Goodrich Corp

Navistar International Corp

P.S. Join me and a dozen professional traders in the TraderInsight.com War Room. Click here for your free two-week membership.
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.