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Around the Horn: Stocks to Watch for May 16
By Adrian Manz | Published  05/16/2006 | Stocks | Unrated
Around the Horn: Stocks to Watch for May 16

 

On Tuesday, I will watch for American Standard Cos. (ASD) to resume its upward trend out of the Switch Hitter pullback to the 20-period simple moving average left on Mondayââ,¬â"¢s chart.

Bunge Limited (BG) is also interesting as a 20-period Switch Hitter pullback.




American Standard Cos Inc.

Bunge Limited

On the short side, I will keep tabs on MSC Industrial Inc. (MSM).   The stock is set up in a Backdoor Slider pattern, and could make a swift move to our profit target if triggered.

MSC Industrial Inc.

Royal Caribbean Cruises (RCL) appears ready to sink again as well.   We will watch for a continuation opportunity throughout the session.

Royal Caribbean Cruises

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.