Around the Horn: Extra Innings for March 18 |
By Julie Peterson-Manz |
Published
03/18/2008
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Stocks
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Unrated
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Around the Horn: Extra Innings for March 18
Monday, March 17, we had one Extra Inning and one Around the Horn subscription trade on our radar. Of these one was profitable and the other was a no-show.
Oshkosh Corp (OSK) was a Fastball short for Monday’s Around the Horn subscription trade list. OSK looks like it hit our entry off the open, but these ticks were ECN, not NYSE, trades accounting for just a couple hundred shares before a NYSE gap down open. An hour or so later, OSK did hit our entry and after a consolidation, traded swiftly down to our profit target and beyond. Exit was at the bobble around the 35.75 level.
Oshkosh Corp, 5-Minute Chart
Extra Innings and Opportunities for Tuesday, March 18, 2008:
Cardinal Health Inc, 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.
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