Friday, October 24, we had three Around the Horn subscription trades, one Extra Inning and three Stocks to Watch on our radar. Of these, two had profit opportunities with the rest gapping beyond our price.

Partnerre LTD (PRE) was a Fastball long for Friday’s Stocks to Watch trade list. An entry opportunity was possible shortly off the gap down open and sharp trading higher to the S1 then the Central Pivots. Exit was either at the R1 or R2 pivot.

Partnerre LTD, 5-Minute Chart


Weyerhaeuser Co (WY) was a short for Friday’s Extra Innings trade list. An entry opportunity was possible early in the session on a trade down from the S1 pivot, with an exit on the bounce off lows and climb back toward the S2 level. Early entries may have resulted in scratches or small losses, but patience paid off over the course of the day.

Weyerhaeuser Co, 5-Minute Chart


We will take a cue from Monday’s trading action and direction, but will be watching the following:

Charles River Labs Inc, 30-Minute Chart


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Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at julie@traderinsight.