Around the Horn: Stocks to Watch for December 17

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By Adrian Manz | Published 12/17/2007 | Stocks | Unrated

Around the Horn: Stocks to Watch for December 17

On Monday we will be watching a Backdoor Slider setup in Allergan Inc. (AGN). If the stock breaks the low range of the past several sessions, I will be interested in a short-side entry opportunity.

Allergan Inc (AGN)

A Fast Ball extension move in Starwood Hotels (HOT) will have me watching for a break of 46.12 during Monday’s trading. 25-tick resistance around 46.64 will serve as my logical stop if a trade is initiated.

Starwood Hotels (HOT)

Lasalle Hotel Properties also made a Fast Ball expansion move lower and will be the final stock on our short-side watch list for Monday.

Lasalle Hotel Properties (LHO)

P.S. If you enjoy my column and would like to join our Intraday Trading Plan, try it free for one week. 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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