Around The Horn: Extra Innings For October 17 |
By Julie Peterson-Manz |
Published
10/17/2008
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Stocks
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Unrated
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Around The Horn: Extra Innings For October 17
Thursday, October 16, we had three Extra Innings and three Stocks to Watch on our radar. Of these, five had profit opportunities.
Autoliv Inc (ALV) was a follow-through short for Thursday’s Extra Innings trade list. Entry was early in the session, with an exit on the bounce off of lows at the S2 pivot.
Autoliv Inc (ALV), 5-Minute Chart
Rockwood Holdings Inc (ROC) was a follow-through short for Thursday’s Extra Innings trade list. An entry opportunity was possible on a pullback to the Central Pivot. Exit was within the hour or so on a pullback from sharp declines.
Rockwood Holdings Inc (ROC), 5-Minute Chart
Rogers Communications Inc (RCI) was a follow-through short for Thursday’s Extra Innings trade list. An entry opportunity was possible on a pullback to the R1 Pivot. Exit was within the hour or so on a pullback from sharp declines.
Rogers Communications Inc (RCI), 5-Minute Chart
Diamond Offshore Drilling Inc (DO), Eastman Chem Co (EMN), L-3 Communications Holdings Inc (LLL) were all Fastball shorts for Thursday’s Stocks to Watch trade list. There may have been an early scratch or early profits, but a second entry opportunity was possible in all of these early in the session. Exit was near or at the S1 pivot.
Diamond Offshore Drilling Inc (DO), 5-Minute Chart
Eastman Chem Co (EMN), 5-Minute Chart
L-3 Communications Holdings Inc (LLL), 5-Minute Chart
Extra Innings and Opportunities for Friday, October 17, 2008:
I will look for more opportunities tomorrow.
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.
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