Around The Horn: Stocks To Watch For January 22

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By Adrian Manz | Published 01/22/2009 | Stocks | Unrated

Around The Horn: Stocks To Watch For January 22

On Thursday, we will watch a Fast Ball setup in Vaalco Energy Inc (EGY). Trade above 7.85 will be our indication to look for a possible entry on broader sector strength and constructive price action in the stock.

Vaalco Energy Inc

International Business Machines left a Line Drive setup on the heels of its earnings announcement. Any move above 91.75 will have us looking to take a long position in the stock.

International Business Machines

Finally, a Switch Hitter setup in Magellan Midstream Partners LP (MMP) looks to offer promise for a move to 33.86. Trade above 33.39 will trigger our entry on broader market and sector strength.

Magellan Midstream Partners LP

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.

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