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Around the Horn: Stocks to Watch for April 5
http://www.tigersharktrading.com/articles/7941/1/Around-the-Horn-Stocks-to-Watch-for-April-5/Page1.html
By Adrian Manz
Published on 04/5/2007
 

Dr. Adrian Manz shares four stocks that he'll be watching for April 5 trading.


Around the Horn: Stocks to Watch for April 5

On Thursday, we expect trading to be light and moves in the major indices pretty well engineered. With that caveat in mind, we will be watching Becton Dickinson & Co (BDX) for an Infield Fly reversal move lower.

Robert Half Inernational (RHI) is a Fast Ball short-sale setup for Thursday. The stock had a strong selloff on heavy volume in early trading Wednesday and closed poorly. I will look to a move below the Fast Ball low as an indication to considering shorting the stock.

Becton Dickinson & Co


Robert Half Inernational


Sunoco Inc (SUN) made a Fast Ball expansion move on heavy volume and will be on our radar throughout the Thursday session for a move higher. We will be watching very carefully for a move in the refiners that indicates strength in the sector.

Sunoco Inc


Zimmer Holdings (ZMH) made a Fast Ball move higher on slightly lower volume Wednesday and is on my list of potential Sinker setups. I will be looking for the stock to move through the Wednesday session highs, stall and reverse through the closing price to indicate weakness and a potential short-side retracement.

Zimmer Holdings


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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.