On Wednesday, we will watch American Electric Power Co Inc (AEP) again for a move lower. The stock was a Sinker setup for Tuesday and left an Infield Fly setup on the daily chart. We will be interested in this one on trade below the low of the setup bar.
Beckman Coulter (BEC) was a Sinker that sank and left a Douple Header short setup for Wednesday. The low of Tuesday’s trading was 64.86, and we will look for a move lower to signal a potential short entry.
We will be watching Comerica (CMA) for an extension of the Fast Ball setup the stock left on Tuesday. We will be interested in any move above the high of the setup bar coupled with strength in the financial indices.
General Growth Properties (GGP) made another Fast Ball move to new highs on Tuesday, and will be on our watch list for a continuation move or a Sinker setup intraday.
Entergy Corp (ETR) managed to put in a Backdoor Slider consolidation day and will be on the radar for a continuation move on Wednesday.
American Electric Power Co Inc
Beckman Coulter Inc.
Comerica Inc.
General Growth Properties
Entergy Corp
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