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Around the Horn: Stocks to Watch for May 16
By Adrian Manz | Published  05/16/2007 | Stocks | Unrated
Around the Horn: Stocks to Watch for May 16

Amerisourcebergen Corp. (ABC) left a Fast Ball move lower on solid volume on Tuesday and will be of interest to us on a further breakdown on Wednesday.

AMB Property (AMB) is also on the list of potential Fast Ball breakdown candidates for Wednesday’s trading. The next major support for the stock is around 57.78.

Canadian National Railway Co (CNI) is a possible sinker setup for Wednesday, with Tuesay’s Fast Ball setup representing a new 52-week high and a likely reversal prior to another leg to the upside.

Kimco Realty Corp (KIM) made a Fast Ball break through the bottom of a significant congestion region and appears ready for more downside.

Starwood Financial Inc (SFI) made a Fast Ball expansion move lower on average volume, breaking the 50-period simple moving average. The stock will be on the radar Wednesday for additional downside.

Amerisourcebergen Corp.


AMB Property Corp


Canadian National Railway Co


Kimco Realty Corp


Starwood Financial Inc


The 2007 Edition of my book Around the Horn: A Trader’s Guide To Consistently Scoring In The Markets is available now only in the TraderInsight.com bookstore for a special price with free worldwide shipping. Online and Brick-and-mortar retailers will begin carrying this new edition later in May.

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.