ago & my approach

Hi

I'm thinking of getting into day trading.

My analysis of ATLAS IRON ORD (AGO) seems to suggest it is a good stock for Monday.

I came to this conclusion because:


1. It is in a clear uptrend.

2. It closed above the 3 bar nett / countback line on Friday.

3. It closed above both 10 moving average and 30 moving average.

4. The volume doubled on Friday.


What do more experienced day traders think of my analysis?

Do you agree it is a good buy for Monday, or do you think I have missed something?

Cheers