daytrade: SEN - Senetas corp ltd

SEN - Senetas Corporation Limited has had a good run for about a month. This stock keeps making new highs, and yesterday it made an intraday high of $0.575, with a close at $0.56 which is also the highest close.

This morning the depth shows there's more buyers than sellers, especially around the $0.55 mark.
it opened at $0.565 and quickly went to $0.57. I watched the depth and sellers at $0.57 seemed to be drying up, so I bought at $0.57.
I will use a stop of $0.55 which was the previous high, and my target is $0.64 which is a projection from the triangle shown below.


In future, I'll summarize each open trade in a table like this one:

Code	Buy	Stop	Target	Risk/Reward	Comments
SEN.AX	0.57	0.55	0.64	2c/7c	open daytrade