On Friday, we will look for continuation entry opportunities after Thursday’s big slide lower. Anglogold Limited (AU) is a Fast Ball candidate with potential downside to March 2007 lows.
Idacorp (IDA) had a Fast Ball move lower and looks poised for more downside on a deeper market pullback.
Anglogold Limited ADS
Idacorp
L-3 Communications Holdings Inc (LLL) left a Double Header setup on Thursday, and will be on our radar for a short-side move under the reversal bar low.
L-3 Communications Holdings Inc
Lexmark (LXK) made a market-meltdown Fast Ball move and appears ready to start another leg lower. We will look for additional signs of weakness to signal a potential short sale trigger on Friday.
Lexmark
Pioneer Natural Resources Co (PXD) made a Fast Ball expansion of range and volume move lower and will also be on our short sale short list on Friday.
Pioneer Natural Resources Co
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