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Around the Horn: Stocks to Watch for May 1
By Adrian Manz | Published  05/1/2006 | Stocks | Unrated
Around the Horn: Stocks to Watch for May 1

 

On Monday, I will focus on three stocks.  The first, Cooper Industries (CBE) had a Switch Hitter Pullback and reversal day on Friday.  We will watch for a move above Fridayââ,¬â"¢s high to indicate a potential resumption of the recent trend.

The second stock on our watch list is H. J. Heinz (HNZ) which had a Fast Ball expansion of range with a strong close on Friday.

Cooper Industries Ltd

Heinz HJ CO

Finally, International Rectifier (IRF) had a Line Drive and a Fast Ball expansion of range and volume session on Friday.  We will watch for a break above 45.60 to indicate further strength in the stock.

International Rectifier Corp

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.