Around the Horn: Extra Innings for October 9 |
By Julie Peterson-Manz |
Published
10/9/2007
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Stocks
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Unrated
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Around the Horn: Extra Innings for October 9
Monday we had four Stocks to Watch, two Extra Innings and three Around the Horn subscription trades on our radar. Of these, one hit for profits, and the rest were no-shows, leaving at least a couple Extra Innings, below.
Encore Acquisition Co (EAC) was a Sinker short for Monday’s Around the Horn subscription list. EAC opened lower then pushed higher, testing yesterday’s highs and qualifying EAC as a possible trade. EAC hit the entry and traded nicely down to the initial profit target, where it hesitated. Exit with some or all shares was at this level. If some shares were left open, exit was end of day.
Encore Acquisition Co, 5-Minute Chart
Extra Innings and Opportunities for Tuesday, October 9, 2007:
Applera Corp, Inc, 30-Minute Chart
FirstEnergy Corp, 30-Minute Chart
P.S. If you enjoy my column and would like to join our Intraday Trading Plan, try it free for a week. Click here to start receiving our best trading setups for every trading day.
Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at julie@traderinsight.com.
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