short term trade diary friday 10th july

Good morning All,

In the abscence of an official "Short Term" trading Forum, I thought I would kick off discussion on this topic anyway.

Short term for me is anywhere from a couple of days to even 4 or 5 weeks. I hope this will run similarly to the Day Trading forum but with more evidence and justification as to why the stock looks promising for a short term hold.

At the moment I am short term trading IMD. It is in a nicely formed upward moving trending channel. Stochastic looks like it's going to turn up. Has held nicely this week in a down market. Target could reach high 70's.

If you have a similar stock that you would like identified for the specific purpose of trading for a "SHORT TERM" only, please join in and post it.

PLEASE no medium or long term investment posts. Direct those to the individual stock codes.

cheers
Ange