Around The Horn: Stocks To Watch For August 6

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By Adrian Manz | Published 08/6/2008 | Stocks | Unrated

Around The Horn: Stocks To Watch For August 6

On Wednesday, we will watch Franklin Resources Inc (BEN) for a Line Drive continuation move higher on any trade above 106.90.

Franklin Resources (BEN)

BRE Properties Inc (BRE) is a Fast Ball continuation candidate. Trade above 51.85 will be our signal to look for entry opportunities on broader market strength.

BRE Properties Inc (BRE)

Desarrolladora Homex (HXM) is a Backdoor Slider setup. We will look to short the stock on any trade below the low of the Monday session.

Desarrolladora Homex (HXM)

Snap On (SNA) is a Fast Ball setup for Wednesday with a potential entry above 59.90.

Snap On (SNA)

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.