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.

URS Corp


P.S. If you enjoy my column and would like to join our Intraday Trading Plan, it's only $1 for a 30-day trial.  Click here to start receiving our best trading setups for every trading day.

Adrian Manz is the author of Around The Horn: A Trader's Guide To Consistently Scoring In The Markets and is co-founder of TraderInsight.com. Email him at adrian@traderinsight.com.