Thursday, March 27, we had four Stocks to Watch and two Around the Horn subscription trades on our radar. Of these two were profitable and four were no-shows.
Agrium Inc (AGU) was a 3-2 Pitch short for Thursday’s Stocks to Watch trade list. AGU hit our entry off the open, with an exit shortly therafter on a reversal of two closes.
Agrium Inc (AGU), 5-Minute Chart
Cimarex Energy Inc (XEC) was a Sinker short for Thursday’s Stocks to Watch trade list. XEC hit our entry after challenging yesterdays high in the morning. One exit was shortly therafter on a reversal of two closes and failure to break lower from a consolidation. Any shares left open with a breakeven stop were good through end of day.
Cimarex Energy Inc (XEC), 5-Minute Chart
Extra Innings and Opportunities for Friday, March 28, 2008:
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