On Friday, Julie and I will be looking for a Sinker setup in Abbott Laboratories (ABT) to reverse the stock at a test of recent 52-week highs.
In the home builders, Centex (CTX) left a Fast Ball move lower and looks poised for a continuation on broader weakness. We will look for confirmation below the Thursday low and in conjunction with other HGX.X component stocks.
Las Vegas Sands Corp is in an extended Backdoor Slider and looks ready for some additional downside. We will look for a move below the recent consolidation range.
XTO Energy is a potential Sinker setup, and will be on the radar for a Fast Ball test and reversal.
Abbott Laboratories
Centex
Las Vegas Sands Corp
XTO Energy Inc
P.S. Join me and a dozen professional traders in the TraderInsight.com War Room. Click here for your free two-week membership.
Copyright 2026 Tiger Shark Publishing LLC . All rights reserved.
It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
Free Festival of Traders Videos
