On Tuesday, we will be looking for a continuation move in Danaher Corp (DHR). The stock left a Backdoor Slider on Monday, and has downside room if market momentum reasserts itself to the downside.
Shares of Harman International (HAR) slid after the company announced that it had beat consensus earnings and revenue estimates. The stock appears to have more downside going into Tuesday.
Lyondell Chemical had a Line Drive move higher on the heels of a Fast Ball and a Backdoor Slider. We will look for continuation entries on Tuesday.
Among the China stocks, SOHU.com (SOHU) will be on the watch list or a continuation of Monday’s Fast Ball move.
Food wholesaler Sysco Corp missed consensus estimates and took a Fast Ball beating. We will look for intraday trendline pullbacks to signal potential continuation entries.
Danaher Corp.
Harman International
Lyondell Chemical
SOHU.com
Sysco Corp
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