Around the Horn: Stocks to Watch for August 9

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By Adrian Manz | Published 08/9/2006 | Stocks | Unrated

Around the Horn: Stocks to Watch for August 9

On Wednesday, we will keep a BJâ�,��"�s Wholesale Club (BJ) on screen, as the stock left a Fast Ball distribution on Tuesday and looks poised for a continuation move.

Clear Channel Communications Inc (CCU) came in a penny shy and had a rough ride on Tuesday, and seems a good candidate for Fast Ball continuation on Wednesday. We will be most interested in the stock if it manages to pull back or consolidate during early trading.

BJâ�,��"�s Wholesale Club

Clear Channel Communications Inc

Pall Corp (PLL) left a type one (consolidation) Fast Ball on the daily chart on Tuesday. We will have PLL on the radar throughout the Wednesday session.

Pall Corp

Meanwhile, the sun is definitely shining on Sunoco Inc (SUN). The stock left a Backdoor Slider on the daily chart and looks ready to continue higher

Sunoco 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.

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