daytrade diaries....thursday, page-94

  1. 12,414 Posts.
    hi all..

    I notice that many of us are scalping profits wherever we can in this market.. checking the charts on a few stocks this afternoon and ran across Silex (SLX).

    Check the daily range that it trades in on any given day... If you can pick the bottom and the top, there is decent money to be made..

    I.e. today... Low of $3.26 with a high of $3.60.. Thats about 10% from day low to day high.. The chart suggests that this happens on a regular basis..(check the upper and lower wicks each day)

    Nikk0.. might be worth putting on your watch list.

 
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