Around The Horn: Extra Innings For November 6 |
By Julie Peterson-Manz |
Published
11/5/2008
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Stocks
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Unrated
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Around The Horn: Extra Innings For November 6
Wednesday, November 5, 2008, we had three Around the Horn subscription trades, three Stocks to Watch and one Extra Inning on our watch list. One of these had profit opportunities, with one a scratch trade and the rest no-shows.
Orient Express Hotels LTD (OEH) was a Fast Ball short for Wednesday’s trade list. There were many entry opportunities in the morning and patience paid off. OEH traded later for the second half of the session, hitting resistance just under the R1 pivot. Exit was at this level, or on the reversal back to this level.
Orient Express Hotels LTD, 5-Minute Chart
Extra Innings and Opportunities for Thursday, November 6, 2008:
Greif Inc, 30-Minute Chart
Crane Co, 30-Minute Chart
Hartford Financial Services Group, 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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