Around The Horn: Stocks To Watch For January 12

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By Adrian Manz | Published 01/12/2009 | Stocks | Unrated

Around The Horn: Stocks To Watch For January 12

On Monday, we will watch Abbott Labs for a Switch Hitter move lower after any trade below 50.80. The stock looks ready to test 50.36 on sector and index weakness.

Alberto Culver (ACV) is a Fast Ball expansion of range setup. 23.11 will serve as our potential trigger on a short side entry.

ITT Educational Services (ESI) is an Infield Fly setup with a 97.59 entry level on broader weakness.

Abbott Labs (ABT)

Alberto Culver (ACV)

ITT Educational Services (ESI)

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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.