ABN Amro Holdings (ABN) has been the subject of a good deal of takeover coverage in the Financial Times recently, and last week’s attention had the stock in a Fast Ball expansion of range and volume during Friday trading. We’ll keep an eye on this one throughout the week for further signs of constructive price action.

ABN Amro Holdings


Grainger (GWW) made a Fast Ball expansion move into what I consider Sinker territory near recent highs. I will look for any failed breakout attempt as a sign to consider a possible short-side entry.

Grainger Inc


Eli Lilly & Co made a Line Drive move Friday and looks promising going into a heavy earnings week. We will look for long-side entry opportunities on Monday and Tuesday.

Eli Lilly & Co


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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.