Around The Horn: Extra Innings For May 29

Popular Articles

By Julie Peterson-Manz | Published 05/29/2008 | Stocks | Unrated

Around The Horn: Extra Innings For May 29

Wednesday, May 28, we had one Stocks to Watch on our radar. This one made for modest profit opportunities.

Nicor Inc (GAS) was a Fastball long for Wednesday’s Stocks to Watch trade list. GAS opened and traded down before pulling back and trading through last night’s suggested entry level. Almost as quickly it was time to exit on a reversal through the R1 pivot.

Nicor Inc (GAS), 5-Minute Chart

Extra Innings and Opportunities for Thursday, May 29, 2008:

I’ll be watching for more opportunities tomorrow.

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.