daytrade diaries... friday, page-7

I don't THINK EHL will move below 19 at this stage. Certainly not today, there's nothing to warrant that. It also featured in last nights report from the "Stockbull" or whatever their name (I deleted the file) with lowest PE report (it's in the top 10).

I'm really not going to predict SSM opening because I need to see the depth in the minutes leading up to opening. At this stage, it seems well supported at 25, with little resistance to 29.0.

Hope this helps. Remmber, day trdaing is about the moment. You'll make most of your money as opportunties throughout the day, so unless you have a gambling streak it's better to target stocks with momentum UP and if you're only after an increment of margin profit, it really doesn't matter what price you pay as long as the direction is in your favour AND you accept the risk (stop loss).

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