Around the Horn: Stocks to Watch for December 28

Popular Articles

By Adrian Manz | Published 12/28/2007 | Stocks | Unrated

Around the Horn: Stocks to Watch for December 28

On Friday, an Infield Fly setup will have us looking to short Agrium Inc (AGU) on any trade below 70.84. The stock’s recent upside run looks to be softening, and a retracement of recent parabolic price action seems likely.

Forest Oil Corp (FST) is also an Infield Fly short side candidate with a potential 51.08 trigger on broader market weakness.

Agrium Inc. (AGU)

Forest Oil Corp (FST)

.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.

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.