Around the Horn: Stocks to Watch for October 26

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By Adrian Manz | Published 10/26/2007 | Stocks | Unrated

Around the Horn: Stocks to Watch for October 26

Arch Coal (ACI) made a Line Drive gap and go move on Thursday. We will look for a continuation entry opportunity in Friday’s trading.

Arch Coal Inc.

Sometimes lower priced stocks can still have the average range to make them good trading candidates. Emulex Corp (ELX) is a 22-dollar security with an average true range of 65 cents. The stock left a Fast Ball setup on Thursday, and will be another on the list of long-side continuation candidates for Friday’s trading.

Emulex Corp.

Land America Financial Group Inc (LFG) had a Fast Ball breakdown move on heavy volume Thursday. We will watch for a breakdown of the closing range as indication that the stock may be headed lower.

Land America Financial Group Inc

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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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