Oil saved the day on Wednesday, as a couple of trading mishaps had me scrambling to get even early in the session. Newfield (NFX) and Quicksilver Resources (KWK) made large range moves, while Eastman Chemical (EMN) required the discipline of patience and second entry to ring the bell. Health Net (HNT) also from yesterdayââ,¬â"¢s Around the Horn: Stocks to Watch frustrated us all day and closed almost exactly at the entry price. As for the rest of the day, choppy markets early on made for temptation as many of the Intraday Trading Plan stocks appeared to be in tradeable pullbacks, only to trigger and then stop out almost immediately. No guarantees in trading or baseball I guess. I am certain Mr. Steinbrenner would agree.
On Thursday, Apache Corp (APA) appears to be worth a look as the intraday price movement on this Line Drive seems to be pointing to some pullbacks that might lead to profitable entries for me.
Apache Corp

Among the drillers, Ensco International (ESV) looks interesting as well. The stock will need to pull back or form a base on Thursday in order to set a sensible stop, but that being said, it will be on my radar.
Ensco International, Inc.

I will also keep an eye on Anglogold (AU) and Meridan Gold Inc (MDG) for a follow through move.
Anglogold Limited ADS

Meridan Gold Inc

Adrian Manz is the author of Around The Horn: A Trader's Guide To Consistently Scoring In The Markets and is cofounder of TraderInsight.com. Email him at adrian@traderinsight.com.