Friday November 14, 2008 we had three Stocks to Watch on our radar. Of these, one was profitable and two were no-shows.

Sunoco Inc (SUN) was a Fast Ball long for Friday’s Stocks to Watch trade list. SUN hit the suggested entry early, resulting in a scratch. Second entry was close to mid-session and this trade was profitable, with at least three exits depending on the target. The first was at the R1 Pivot level, with two others on the failure to reach or breach the R2 Pivot.

Sunoco Inc (SUN), 5-Minute Chart


Extra Innings for Monday, November 17, 2008:

I will be looking for more opportunities tomorrow.

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