daytrade diaries... august 18, page-3

Morning all.... can't say I wasn't expecting this one.... my concern is that it may be prolonged and hence will need to focus on holding correct stock levels for close whilst also looking for the oversold positions in the corse of the day.

In this regard I look for shares that are relatively safe to enter and offer a more solid swing trade opportunity:

FAR > I bought FAR yesterday at 11.5 and sold most at 12.0 I am keen to buy more at 10.5 resistance level if this should be struck.

CUE > If this can get below 20, I would be keen to buy.

HFA > Around the 33.5 level would be opportune IMO, but no rush.

POS > Not sure if this will get to the low 30's but will trigger if she does

BAU > Into the 50's is certainly a good buying opportunity

Worth watching the MMR/BUY run, but I would expect that even this MAY finish lower, so I play a more cautious position at this level even if it opens stronger, which I suspect it will...

Coca Cola has gone Ex today with a divvie of 18.5.... IOP at $9.20. A buy sub $9.

We have our work cut ut for us today - so good luck with it - hope it ends as good as yesterday and glad I took profits then!

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