Friday, May 30, we had three Stocks to Watch, one Extra Inning and two Around the Horn subscription trades on our radar. Of these two were profitable and the rest were no shows.

New Oriental Ed & Tech Inc (EDU) was a Fastball short for Friday’s Stocks to Watch trade list. EDU opened and traded down through yesterday’s closing area, creating an entry opportunity. Exit was not long after at or below the S1 pivot.

New Oriental Ed & Tech Inc (EDU), 5-Minute Chart


Kilroy Realty Corp (KRC) was a Fastball long for Friday’s Stocks to Watch trade list. KRC had entry opportunities off the open, then traded higher. Exit was at the break down from resistance.

Kilroy Realty Corp (KRC), 5-Minute Chart


Extra Innings and Opportunities for Monday, June 2, 2008:

Telefonos de Mexico (TMX), 30-Minute Chart


Genentech Inc (DNA), 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.