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Around the Horn: Stocks to Watch for April 17
By Adrian Manz | Published  04/17/2007 | Stocks | Unrated
Around the Horn: Stocks to Watch for April 17

On Tuesday, we will look for a Line Drive setup in AFLAC Inc (AFL) to follow through for some additional upside. The stock cleared recent resistance and has some room for price appreciation.

AFLAC Inc


Aon Corp (AOC) made a Fast Ball move just through the area of its most recent resistance and will be a long-side continuation candidate on Tuesday as well.

Aon Corp


Anglogold Limited (AU) made it to resistanc and left an Infield Fly. We will be watching for a reversal entry opportunity on this one throughout the session.

Anglogold Limited ADS


Eaton Corp (ETN) also left an Infield Fly setup and looks to be areversal candidate for Tuesday as well. We will look to get short under the low of the Monday bar.

Eaton Corp


In the brokers, Lehman Brothers Holdings Inc (LEH) made a Line Drive move higher and managed a close right at the 20-period simple moving average. We will look for a resumption of the intraday upward trend to signal a possible entry opportunity.

Lehman Brothers Holdings Inc


A Line Drive in Merrill Lynch & Co Inc (MER) will have that broker on the radar as well.

Merrill Lynch & Co Inc


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