Around the Horn: Stocks to Watch for August 27

Popular Articles

By Adrian Manz | Published 08/27/2007 | Stocks | Unrated

Around the Horn: Stocks to Watch for August 27

Gap Inc (GPS) made a Line Drive move on Friday, and will be on our radar for a continuation higher on strength in the retail sector (RLX.X).

ING Group (ING) made a Switch Hitter retracement, and if the Financials soften during the session, we will look to short the ADR below the Friday session low. ADR’s can tend to be unpredictable, so a tight stop and solid position management will be the first order of business on this one.

Gap Inc

ING Group Sponsored ADR

P.S. If you enjoy my column and would like to join our Intraday Trading Plan, it's only $1 for a 30-day trial. Click here to start receiving our best trading setups for every trading day.

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.