Around The Horn: Extra Innings For October 22 |
By Julie Peterson-Manz |
Published
10/22/2008
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Stocks
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Unrated
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Around The Horn: Extra Innings For October 22
Tuesday, October 21, we had four Around the Horn subscription trades, one Extra Inning and three Stocks to Watch on our radar. Of these, three had profit opportunities.
Orient Express Hotels LTD (OEH) was a Switch Hitter short for Tuesday’s Around the Horn subscription trade list. Entry was an hour or so into the session, with an exit at the profit target toward end of day.
Orient Express Hotels LTD (OEH), 5-Minute Chart
Wesco Intl Inc (WCC) was a Switch Hitter short for Tuesday’s Stocks to Watch trade list. An entry opportunity was possible on the open on a breakdown of the Central Pivot, with another opportunity for profits or entry at the S1 pivot. Exit was either at the S1 pivot or points below.
Wesco Intl Inc (WCC), 5-Minute Chart
Principal Financial Group Inc (PFG) was a long for Tuesday’s Extra Innings trade list. An entry opportunity was possible off the open on a trade up off of the Central pivot, with an exit at the R1 level.
Principal Financial Inc (PFG), 5-Minute Chart
Extra Innings and Opportunities for Wednesday, October 22, 2008:
Darden Restaurants Inc (DRI), 30-Minute Chart
Polaris Inds Inc (PII), 30-Minute Chart
Wesco Intl Inc (WCC), 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.
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