Around the Horn: Extra Innings for April 20 |
By Julie Peterson-Manz |
Published
04/20/2007
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Stocks
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Unrated
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Around the Horn: Extra Innings for April 20
Thursday, we had four Stocks to Watch, one Extra Innings and two Around the Horn subscription service trades on our radar. Of these, three were winners, two were scratch trades and two were no-shows.
Oshkosh (OSK) was an Extra Inning long setup from this column Wednesday night. Below is the same chart posted yesterday with today’s price action. Opportunity existed much of the morning, with entry off of the open or above either the R1 or R2 pivot, as seen on the five minute chart. Exit was mid to late day.
Oshkosh 20-Minute Chart
Oshkosh 5-Minute Chart
Boeing Co (BA) was a stock of interest from Wednesday night’s Stocks to Watch column. With yesterday’s price action, we were either looking for a convincing continuation move, or a Sinker reversal. The latter triggered in the morning, with exit end of day on the central pivot.
Boeing Co
Stryker Corp (SYK) was a Double Header short from Wednesday night’s Stocks to Watch column. SYK hit off the open and sank over five points before reversing.
Stryker Corp
Tom Incorvia’s stock of interest Intel Corp (INTC) for this week from Sunday’s Weekly Market Outlook newsletter was still in play today. If you’d like next weeks insights, register for the Weekly Market Outlook newsletters, delivered Sundays.
Intel Corp
Extra Innings and Opportunities for Friday, April 20, 2007:
No extra innings for this Friday.
P.S. Join me and a dozen professional traders in the TraderInsight.com War Room. Click here for your free membership.
Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at Julie@peterson-manz-trading.net.
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