Around The Horn: Extra Innings For October 15 |
By Julie Peterson-Manz |
Published
10/15/2008
|
Stocks
|
Unrated
|
|
Around The Horn: Extra Innings For October 15
Tuesday, October 14, we had one Around the Horn subscription trade, one Extra Inning and two Stocks to Watch on our radar. Of these, two had profit opportunities.
Supervalu Inc (SVU) was a Switch Hitter short for Tuesday’s Around the Horn subscription trade list. Entry was late in the day, with an exit at the profit target toward end of day.
Supervalu Inc (SVU), 5-Minute Chart
Fortune Brands Inc (FO) was a Fastball short for Tuesday’s Stocks to Watch trade list. An entry opportunity was possible early on a trade through the R1 pivot down to the Central Pivot, with an exit at this level.
Fortune Brands Inc (FO), 5-Minute Chart
Extra Innings and Opportunities for Wednesday, October 15, 2008:
Supervalu Inc (SVU), 30-Minute Chart
P.S. If you enjoy my column and would like to join our Intraday Trading Plan, try it for one week for $5. 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.
|