daytrade diaries... september 14, page-22

Morning All,

An interesting week ahead to say the least.. some big reports out of the US which I think will ultimately decided the short term direction of the overall market.

Stocks I will be watching today include RDR, PWK, AEE, RNG, ILU, ADX, BKY, GXY, BAU, SRK, MAH, MEO, BOW, NTC, ADN and SLR

Here are some charts of interest.. The first is Galaxy Resources (GXY). Closed @ $2.20 on Friday after a nice bounce and reversal on the back of a solid announcement. IAP now $2.28, with buyers building. Had a look at the weekly FIB extensions over the weekend, and noticed it managed to close above the 150%. next stop looks like $2.75 on the charts IMHO. Time will tell.



Second stock I have mentioned a few times over the last week is Aura Energy (AEE). Closed on Friday @ 20.5c. This morning IAP is 21c. Uranium will remaind strong for a while to come IMHO with many people buying now for long term plays. China will be hungry for the stuff for decades to come.



I have a few more charts, though will post them after open when I get a chance.

Good luck

Cheers
Kevi