Around the Horn: Stocks to Watch for October 10

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By Adrian Manz | Published 10/10/2006 | Stocks | Unrated

Around the Horn: Stocks to Watch for October 10

Light trading made for few tradeable signals on Monday, but a few names look interesting nevertheless.

We will be watching Allegheny Technologies (ATI) for a continuation of Mondayâ�,��"�s Line Drive move. Any trade above 69.66 will have us looking for an entry opportunity.

Sotheby's (BID) left an Infield Fly on the session, and we will have it on screen in anticipation of a move lower Tuesday.

Allegheny Technologies

Sotheby's

Genentech Inc (DNA) had a Line Drive gap open, and orderly trade higher throughout the Monday session. We will be on the lookout for continuation on Tuesday.

Genentech Inc

Finally, St. Jude Medical is a Double Header short sale setup going into the Tuesday session. A move below the Friday low will have us looking to take a position.

St. Jude Medical

Adrian Manz is the author of Around The Horn: A Trader's Guide To Consistently Scoring In The Markets and is co-founder of TraderInsight.com. Email him at adrian@traderinsight.com.

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