I've been on HC for a while now but only just found this subsection... finally!
I've noticed most play suggestions in this thread are of highly speculative penny stocks. So I thought i'd start a thread dedicated to swing plays of stocks/sectors within the ASX 200, via means of technical analysis. Any variant of technical analysis. The goal here is to scalp 5 - 10% per trade (or better), or at worst, break even before backing out.
I'm 100% cash as of right now. Sold my ANZ and WPL positions two days ago, S32 and BRL a week ago, CSL and TCL two weeks ago. Now waiting for this AORDS rally to retrace before hedging my next positions. I figure we should have plenty to choose from once a bottom appears.
If you have any blue chip trade ideas, please post your suggestions. I'll post up my ideas too if I perceive any to be technically ripe for a rally.
