Around the Horn: Stocks to Watch for July 17

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By Adrian Manz | Published 07/17/2006 | Stocks | Unrated

Around the Horn: Stocks to Watch for July 17

On Monday, I will keep a close eye on Apartment Investment & Management (AIV). The stock has reversed recent highs and appears to have enough downside for some nice intraday moves if the broader market shows weakness.

Another energy rally will have us looking at Constellation Energy Group Inc (CEG). The stock left a daily Switch Hitter just above the 20-period simple moving average. A retest of last weekâ�,��"�s highs around the 200-period simple moving average seems likely if the stock can rally.

Apartment Investment & Management

Constellation Energy Group Inc

Scotts Co (SMG) left a Backdoor Slider on Friday. The stock will be on our watch list for an intraday or possible multiday breakdown.

Scotts Co

Finally, Wellpoint (WLP) put in a Switch Hitter performance on Friday, leaving the stock just below the 200-period simple moving average. We will be on the lookout for a long side move and a potential target of 75.83.

Wellpoint

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.

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