Tuesday’s rollercoaster session left Goodrich Petroleum in position to capitalize on a Fast Ball setup going into Wednesday’s trading. We will be interested in trade above the Monday high. The stock has minor intraday support around 34.99, and target potential to approximately 36.40.
Goodrich Petroleum
If retail puts in a strong showing early in the session, Guess Inc stands to benefit with a retest of recent all-time highs. We will have the stock on screen for potential follow-through of Tuesday’s Fast Ball move.
Guess Inc
A Backdoor Slider in URS Corp will have us looking for a move lower in the stock on Wednesday.
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