On Tuesday, we will watch for Backdoor Slider candidate Hartford Financial Services (HIG) to make another move lower, extending the momentum of Thursday’s Fast Ball setup and capitalizing on the pent up energy of Friday’s inside day.
Manpower Inc (MAN) left a Fast Ball setup at 52-week highs, making it a prime candidate for a Sinker reversal move. We will look for a move higher that reverses through the Friday close as an indication of a possible short-side opportunity.
Manulife Financial Corporation (MFC) is also a potential Sinker reversal candidate.
Finally, Teekay Shipping (TK) offers another potential Backdoor Slider short sale. We will look to the transports and shipping for an indication as to the strength of any impending move.
Hartford Financial Services
Manpower Inc
Manulife Financial Corporation
Teekay Shipping
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