Thursday, April 28, we had two Stocks to Watch, one Extra Inning and three Around the Horn subscription trades on our radar. Of these, one was profitable, one was a scratch twice and four were no-shows.

RTI Intl Metals Inc (RTI) was a Backdoor Slider short for Thursday’s Around the Horn subscription trade list. RTI opened and consolidated just above our suggested entry level for the first half hour or so before trading lower. RTI hit our entry then traded through the S1 pivot, hesitating on the S2 pivot before trading even lower. Exit was on the bounce up from lows or back at the S2 pivot.

RTI Intl Metals Inc, 5-Minute Chart


Extra Innings and Opportunities for Friday, May 2, 2008:

Graco Inc, 30-Minute Chart


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Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at julie@traderinsight.