Tuesday, April 30, 2013

Trade of the day, PBI!!!

Sorry I haven't posted any types of day trades lately, but I don't usually daytrade in the spring and summer months.  Anyways, I did make a couple of daytrades today with AVEO and PBI. The trade of the day though is going to be on PBI, it formed a beautiful candlestick hammer reversal formation. Went long twice on PBI, but  finally nailed it on my second trade. Went long 1000 shares on the second round trip trade at 13.25 and sold it at 13.95 for a $700 profit, but lost $230 on my first trade (13.68 long: 13.45 stop-out). I'll be posting more trades when I'am able to daytrade in the morning. Now I'am only swing and position trading, but unfortunately I don't post those types of trade.

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