Tuesday, May 2, we had five Stocks to Watch and three Around the Horn subscription trades on our radar. Of these, one was profitable, one was a scratch, one gapped past the entry and five were no-shows.

Berry Pete Co (BRY) was a Fastball long for Tuesday’s Stocks to Watch trade list. BRY opened and traded higher, hitting the entry level and jamming up, hesitating momentarily, then continuing to resistance on below the R2 pivot. Exit was on the failure to break through this level.

Berry Pete Co, 5-Minute Chart


Extra Innings and Opportunities for Wednesday, May 7, 2008:

Fresh Del Monte Produce Inc, 30-Minute Chart


International Flavors & Fragrances, 30-Minute Chart


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