Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Around the Horn: Stocks to Watch for May 2
http://www.tigersharktrading.com/articles/11993/1/Around-the-Horn-Stocks-to-Watch-for-May-2/Page1.html
By Adrian Manz
Published on 05/2/2008
 

Dr. Adrian Manz shares four stocks that he'll be watching for May 2 trading.


Around the Horn: Stocks to Watch for May 2

Bank of Hawaii (BOH) is a Sinker setup for Friday. We will look for an attempted breakout to fail, followed by a move through the closing price as indication of a potential short sale opportunity.

Bank of Hawaii


Health Care REIT Inc (HCN) is a Switch Hitter setup. Any trade above 49.25 will be an indication of a potential long entry on strength in the broader sector.

Health Care REIT Inc


International Flavors & Fragrances Inc (IFF) is a Fast Ball short side expansion of range and volume, and will be on the radar for any move below 41.73.

International Flavors & Fragrances Inc


Stone Energy Corp (SGY) is a Backdoor Slider short side setup. We will look for the stock to trade below 59.40 on broader market weakness.

Stone Energy Corp


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.