Around the Horn: Stocks to Watch for September 21

Popular Articles

By Adrian Manz | Published 09/21/2007 | Stocks | Unrated

Around the Horn: Stocks to Watch for September 21

Herbalife Ltd. (HLF) showed showed signs of accumulation on Thursday, with a Fast Ball expansion of range and volume driven, in large part by a series of 10 – 50,000 share block trades. We will watch the tape Friday for signs of both a Sinker and a continuation opportunity.

Herbalife Ltd

The Time Warner Cable (TWC) meltdown continues, with a Fast Ball distribution day pushing the stock $1.20 lower on the session. We will look for pullback entry opportunities on Friday.

Time Warner Cable

Finally, Royal Caribbean Cruises Ltd (RCL) left an Infield Fly just above the 50 period simple moving average, and we will watch for a move lower on Friday.

Royal Caribbean Cruises Ltd.

P.S. If you enjoy my column and would like to join our Intraday Trading Plan, it's only $1 for a 30-day trial. Click here to start receiving our best trading setups for every trading day.

Adrian Manz is the author of Around The Horn: A Trader's Guide To Consistently Scoring In The Markets and is co-founder of TraderInsight.com. Email him at adrian@traderinsight.com.

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.