Around the Horn: Stocks to Watch for August 29

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By Adrian Manz | Published 08/29/2007 | Stocks | Unrated

Around the Horn: Stocks to Watch for August 29

Autozone Inc (AZO) left a Fast Ball move on Tuesday and looks vulnerable for Wednesday’s trading. If the selloff in retail continues, look for AZO to accelerate to the downside.

Autozone

Also in retail, JC Penney (JCP) looks ready to retest recent lows after its own Fast Ball collapse in Tuesday’s trading.

JC Penney

I will also look for a continuation move in RTI International Metals (RTI).

RTI International Metals

Whirlpool Corp is an extra inning Switch Hitter setup. The stock did not make the cut yesterday for a number of reasons, but the move below support on Tuesday will have me watching the stock on Wednesday as well.

Whirpool Corp

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.

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