daytrades july 26 afternoon, page-173

  1. cha
    5,878 Posts.
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    endless ntu
    Worth checking targets here incase we do recover. May all come to nothing but following the trend day by day and volume been coming in for weeks now

    65c on a stock on rise after retrace from $1! Break and hold above 85c level and then up to 98c and so on
    Sell the open tomorrow and rebuy on retrace but play it by ear. Modest next targets Aru stretching it but a fav of mine. Reits won't even go there but some big spikes once property recovers

    Lyc $2.75
    Kzl 80c
    Aru $1.15
    Slr $2.70
    Bpt $1.25
    Bow $1.30
    Ayn 14c
    Ccu And wpg $1.25
    Mte etc etc
    Ssn Avb fms pek pxs plvetc etc
    Alk mre pem etc etc. Most have already hit first targets and retraced and now in again. A partial retrace which holds and turns up is a very powerful indicator. Gold did it at $1500 level. Sox at 1250 level.
    Copper at $4 level. All tested all held all good.
    Risk to reward good.
    Dow took them all down and won't take much to re float them. Not a rally. Just a modest recovery

    Plus the big potential multi baggers specs
    Nwe wgp bkp Mlx kor Rmt and lots of others showing some movement today

    Forgive the typing but chosen a new iPad to take to Europe and breaking it in

    Assume a modest recovery towards asx 5000 at some stage and the first targets should be hit. Conservative and doable in these market

    just have to weed out the rubbish and let the winners run
    money is in. Volume is in
    Where is exit?


    Need to take as much out of the market as I can before the cgull gets back. He is getting too good.
    If Dow tanks then wait and start again lower
 
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