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Around The Horn: Extra Innings For December 1
By Julie Peterson-Manz | Published  12/1/2008 | Stocks | Unrated
Around The Horn: Extra Innings For December 1

On Wednesday November 26, 2008 we had one Around the Horn premium trade, two Stocks to Watch and four Extra Innings on our radar. Of these, one was profitable and the others were no-shows.

URS Corp (URS) was an Extra Inning long for Wednesday’s trading. URS had a nice entry opportunity at the break above the Central Pivot, which was also a break above a consolidation level. URS then traded up into another consolidation, this time a long one. A good stop level was a the breakdown of this consolidation. URS traded higher again, this time breaking down from a short consolidation and triggering an exit.

URS Corp (URS), 5-Minute Chart


On Friday November 28, 2008 we had two Stocks to Watch on our radar for this half-day session. Of these, one was profitable.

Brasil Telecom (BRP) was a Stocks to Watch Fast Ball long for Friday’s trading. BRP had a nice entry opportunity at the break above a consolidation level. BRP then traded into a long consolidation. Near the end of the trading session BRP traded higher, with an exit at the break down from this high near end of session.

Brasil Telecom (BRP), 5-Minute Chart


Extra Innings and Opportunities for Monday, December 1, 2008:

Abercrombie & Fitch Co (ANF), 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.