On Wednesday, we will look to Apache Corp for follow through after the Fast Ball implosion on Tuesday. I will be particularly interested after further consolidation under the 80.79 level. This area also will serve as a logical stop loss.
Cameco Corp (CCJ) made a Fast Ball move lower with an extension slide into the closing bell. We will look for early support to establish an acceptable stop prior to establishing a short position on a violation of the Tuesday lows.
RTI International Metals Inc (RTI) also made a Fast Ball downside move on Tuesday, and with its large daily travel range presents an interesting short side setup for Wednesday.
Apache Corp
Cameco Corp
RTI International Metals Inc
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