Around The Horn: Extra Innings For October 28

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By Julie Peterson-Manz | Published 10/28/2008 | Stocks | Unrated

Around The Horn: Extra Innings For October 28

Monday, October 27, we had one Extra Inning and two Stocks to Watch on our radar. Of these, one had profit opportunities.

Timken Co (TKR) was a Fastball short for Monday’s Stocks to Watch trade list. The Fastball setup did not trigger, but the consolidation and reversal did trigger the Checked Swing entry. Profit opportunities were possible until early afternoon. Exit was either at the Central pivot when TKR bobbled, or for wider stops on the second reversal from intraday highs.

Timken Co (TKR), 5-Minute Chart

Extra Innings and Opportunities for Tuesday, October 28, 2008:

Charles River Labs Inc (CRL), 30-Minute Chart

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

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