On Friday we had five Stocks to Watch, one Around the Horn subscription trade, four Extra Innings and two stocks of interest on our radar. Of these, three triggered for profits and nine were no-shows.

Barr Pharmaceuticals (BRL) was a Line Drive from Friday’s Stocks to Watch column. BRL spent most of the day below Thursday’s resistance before popping to the upside later in the day. Exit was signaled after BRL couldn’t break through the R1 pivot and crossed the 8-period simple moving average.

Federal National Mortgage (FNM) was an Extra Inning short for Friday. FNM was fickle on Thursday so we kept this one on a short leash and it paid off. Entry was off the open and exit was within a half hour on a sharp reversal.

Target Corp (TGT) was a stock of interest we saw developing for a long entry and posted live as a trade we were considering in the War Room. There were two potential entries, either in the morning or mid-day. Exit was end of day.

Extra Innings for Monday, January 21:

CX could be poised to make its move to the long side.

UST could be the same story, but to the downside.

FNM seems to be my recent arch-enemy, so I’ll be watching it for further weakness, but use caution and tight stops with this one.

IRF has had a hard time breaking down through support. I could like this one either way if intraday factors show direction.

Finally, SWY looks as though it may resume its move to the long side.

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Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at Julie@peterson-manz-trading.net.