Around the Horn: Stocks to Watch for August 8

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By Adrian Manz | Published 08/8/2006 | Stocks | Unrated

Around the Horn: Stocks to Watch for August 8

On Tuesday, Julie and I will be watching for Brinker International (EAT) to move lower. The stock formed a Switch Hitter at the 20-period simple moving average on Monday, and traded in a very narrow range throughout the session.

Oshkosh Truck Corp (OSK) left another Infield Fly setup and continues to look interesting. We will use it again on Tuesday.

Brinker International

Oshkosh Truck Corp.
222

Royal Caribbean Cruises Ltd (RCL) looks ready to sink again. RCL left a Switch Hitter at the 20 period simple moving average on Monday, and will be on the radar during the Tuesday session.

Royal Caribbean Cruises Ltd

A Backdoor Slider in TXI Corp (TXI) has the stock looking ready to cement June lows. We will be watching for other industrial goods firms to move lower prior to establishing any short position.

TXI 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.

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