short term trading diary___july 16, page-108

  1. 2,397 Posts.
    I’ve been tracking most of the stocks mentioned here since Monday and have kept them in a basic watchlist. I intend to make improvements along the way. You’ll notice that in this particular chart I used Friday’s close as a starting point. I’ve since changed the starting point to the opening price of the day the stock is first brought to attention.

    As an example of one improvement I’ll make is to add a column titled ‘term high’. Notice how IIF is only up 5.77% at 27.5 cents. During the week it actually hit 28.5 presenting us with a very good trading opportunity.

    TRS was another with strong opportunity with a high of 12.70 on Wednesday.

    EXT and FMG were very strong but closed out yesterday by Coalking and myself. ESI is one to be careful with, probably more suited to the day trader. Very tight stops recommended there.

    The others were solid and should have presented a nice return.

    Final Chart for Monday 13/07 stocks.



    Cheers
    10cents
 
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