25 August 2017 Day Trading Pre Market, page-5

  1. 48,997 Posts.
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    CGM break out on volume yesterday with a quick back test of support, then slicing through resistance like butter with a hot knife. Near no existent. Drill results expected to be received by the company this week. Hopefully later in the day

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    TND The run continues as the pro's clambering to get on in this stock before it goes parabolic ? The action above 6 cents has been pretty awesome, expect this to hit the famous 10 cent area ST with plenty of news flow to come. TNDO for one of the better option leverage plays going around at the mo
    Break 6.5 and we should see a test of that 7.3 area just like the last 2 candles have tested both fib resistance levels before smashing through the following day. Expect 6.5 to be history today and become a new support area.

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    PM1 Primed to have a crack today at that 2.7 area, break this and we will see 3 cents come quick. I believe there are 2 pieces of news due before end of August so interest should start to return today if not Monday IMO

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    Good luck all

    ps : Just in case you didn't know the rules, if you mention the same stock twice in the same day on the Day Trading thread you are liable for a suspension. So come the afternoon thread technically there should be about 4 or 5 people left, all of which who do not post charts, tips or offer any actual DT idea's which will render the DT thread useless. Might as well shut it down now and save the mods a headache eh ?

    But in all seriousness good luck all, there is plenty of action out there at the moment, if you ain't making a dollar or 2 its probably worth looking at your trading plan and or execution of said plan.

    There is always going to be a winner and a loser. We would all love to think that we are getting one over on the pro's or the brokers. But this is very unlikely. Its the nature of the beast. Tips, charts and FA should all be used as a guide only.


    Please do your on research before entering any stock for a trade

    Cheers
    Last edited by sintrate: 25/08/17
 
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