Around the Horn: Stocks to Watch for December 7

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By Adrian Manz | Published 12/7/2007 | Stocks | Unrated

Around the Horn: Stocks to Watch for December 7

Carmax Inc (KMX) is a Switch Hitter setup for Friday’s trading. A break to the upside should be good for a retest of the late November rally range.

Carmax (KMX) Inc.

ITT Educational Services (ESI) is a Fast Ball setup with large range possibilities. We will use 25-tick support and resistance to generate suitable stops on any intraday pullback short-side entry opportunities.

ITT Educational Services (ESI)

Kansas City Southern (KSU) made a Line Drive move and will be of interest on any trade above the high of Thursay’s trading. We will look for long entry opportunities and an initial target price around 37.50.

Kansas City Southern (KSU)

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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.

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.