Around the Horn: Stocks to Watch for August 23

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By Adrian Manz | Published 08/23/2006 | Stocks | Unrated

Around the Horn: Stocks to Watch for August 23

On Wednesday, CarMax Group (KMX) will be in our sights as a Switch Hitter long entry. The stock is in a pullback from a Fast Ball high and had a slow steady climb throughout the Tuesday session.

Kilroy Realty Corp (KRC) is a Fast Ball Reversal of 52-week highs candidate for Wednesday. This pattern has been doing its job lately, and if KRC shows weakness as it tries to break higher, we will short into the order flow.

CarMax Group

Kilroy Realty Corp

Finally, Noble Drilling Corp (NE) is in a 3-2 Pitch pullback from lows right at the 20-period simple moving average, and looks promising on the short side for Wednesday.

Noble Drilling 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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