Around the Horn: Extra Innings for October 25 |
By Julie Peterson-Manz |
Published
10/25/2007
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Stocks
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Unrated
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Around the Horn: Extra Innings for October 25
Wednesday we had three Stocks to Watch and two Around the Horn subscription trades on our radar. Of these, one hit for profits, two (WAT & IRF) had great intraday play action and two were no-shows.
Cooper Companies Inc (COO) was a Switch Hitter short for Wednesday’s Around the Horn subscription trade list. Entry was shortly after the open, but opportunity existed for a half hour or so as COO consolidated at that level. COO then traded down to the intial profit target, with exit at that level for all or partial shares. If partial shares, the exit for remaining shares was end of day.
Cooper Companies Inc, 5-minute Chart
Tuesday we had four Stocks to Watch and two Around the Horn subscription trades on our radar. Of these, one hit for gains, one hit for losses, one was a no-show and three were scratches.
Choicepoint Inc (CPS) was a Fastball long for Tuesday’s Stocks to Watch trade list. Entry was off the open with higher lows until CPS topped out. Exit was on the breakdown from these highs and cross of the 8-period moving average.
Choicepoint Inc, 5-Minute Chart
Chubb Corp (CB) was a Double Header long for Tuesday’s Around the Horn subscription trade list. Entry was shortly after the open, but with only a little push to the upside, CB stalled out at took us out at the stop loss.
Chubb Corp, 5-Minute Chart
Extra Innings and Opportunities for Thursday, October 25, 2007:
Millipore Corp, 30-Minute Chart
Noble Energy Inc, 30-Minute Chart
Pogo Producing Co, 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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