Friday we had five Stocks to Watch, one Extra Inning and four Around the Horn subscription service trades on our radar. Of these, one was a winner, three were scratches, one to the upside and five were no-shows.
Alliant Energy Corp (LNT) was a Fastball short setup from Thursday night’s Stocks to Watch column. LNT hit our entry price mid-morning and again mid-day. The second time was the money-maker trading down quickly below the S1 level. Exit was on the reversal of two closes and cross of the 8-period simple moving average.
Alliant Energy Corp
Extra Innings and Opportunities for Tuesday, May 29, 2007:
Tuesday we will be watching the following:
Idacorp Inc
Amer Electric Power
Nicor Inc.
P.S. Join me and a dozen professional traders in the TraderInsight.com War Room. Click here for your free membership.
Copyright 2024 Tiger Shark Publishing LLC . All rights reserved.
It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
Free Festival of Traders Videos
