Around the Horn: Stocks to Watch for January 8

Popular Articles

By Adrian Manz | Published 01/8/2007 | Stocks | Unrated

Around the Horn: Stocks to Watch for January 8

On Monday, we will keep an eye on the banking indices and BB&T Corporation (BBT). The stock had a Fast Ball breakdown on Thursday and Friday and is below its significant moving averages.

BMC Software Inc. did not trigger a Sinker entry Friday. We will use it again on Monday.

We will also be watching Barr Laboratories Inc (BRL). Fridayâ�,��"�s trading had the stock in a Fast Ball move up through recent resistance.

Cigna Corp (CI) is in a Switch Hitter pullback and has upside to the 20-period simple moving average around 130.

Entergy Corp (ETR) made a Fast Ball move lower out of a consolidation range on heavy volume on Friday. We will be looking for further downside on Monday.

BB&T Corporation

BMC Software Inc.

Barr Laboratories Inc

Cigna Corp

Entergy Corp

P.S. Join me and a dozen professional traders in the TraderInsight.com War Room. Click here for your free two-week membership.

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.

It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.