Around The Horn: Stocks To Watch For August 5

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By Adrian Manz | Published 08/5/2008 | Stocks | Unrated

Around The Horn: Stocks To Watch For August 5

Trade below 47.99 in Arch Coal (ACI) will have us looking for a Fast Ball continuation move lower in the stock on Tuesday.

Arch Coal Inc (ACI)

Arena Resources (ARD) will also be on the radar for a Fast Ball move below 37.04.

Arena Resources Inc (ARD)

Exco Resources (XCO) is a Fast Ball setup for Tuesday’s trading. A break of 22.32 will be our indication to look to the indices for a correlated breakdown move.

Exco Resources (XCO)

P.S. If you enjoy my column and would like to join our Intraday Trading Plan, try it for one week for $5. 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.