Around the Horn: Extra Innings for April 15

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By Julie Peterson-Manz | Published 04/15/2008 | Stocks | Unrated

Around the Horn: Extra Innings for April 15

Monday, April 14, we had one Stocks to Watch and two Around the Horn subscription trades on our radar. Of these, one was profitable, one was a scratch and one was a no-show.

Terra Inds Inc (TRA) was a Fastball Long for Monday’s Stocks to Watch trade list. TRA opened near our entry level and shot directly up and past the R1 pivot. Exit was on the cross below this pivot level given the quick assent.

Terra Indus Inc (TRA), 5-Minute Chart

Extra Innings and Opportunities for Tuesday, April 15, 2008:

Both opportunities are shorts that didn’t quite develop Monday.

Hospira Inc (HSP), 30-Minute Chart

Hershey Co (HSY), 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.

It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.