Around the Horn: Stocks to Watch for October 3

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By Adrian Manz | Published 10/3/2007 | Stocks | Unrated

Around the Horn: Stocks to Watch for October 3

Allergan Inc (AGN) had a Double Header reversal day on Tuesday, with a turn at the 52-week high setting off a waterfall move. We will look for trading below 64.65 to trigger a short sale on Wednesday.

Allergan Inc

Cardinal Health (CAH) had a consolidation day I call a Backdoor Slider on Tuesday. We will look for a break lower on Wednesday signaling a potential short-side entry.

Cardinal Health Inc

Lincoln National Corp (LNC) left an Infield Fly setup and will be on our list of potential short setups for Wednesday.

Lincoln National Corp

On the long side, Weingarten Realty Investors Inc (WRI) made a Fast Ball expansion of range and volume higher and we will look for another leg on Wednesday.

Weingarten Realty Investors Inc

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.

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