Penny Farmer’s Tuesday Harvest $96 $AUMN, $BIND, $GALE
I missed the big mover of the day $BGI so I’m going to slap it to the watch list tomorrow and see if there is any follow up momentum to harvest.
I made two quick momo trades in $AUMN early on in the trading day for a profit of $96. I also made a trade in $BIND with an entry of .77 and decided to hold it overnight since it was able to keeps its gains on the day. It did have some nice A/H gains which is a good sign but tomorrow will really show us if it can continue to push into the .80s.
I had one other trade that was actually an accident. $GALE was one I started to place an order on for a momo trade at the beginning of the day. It started to reverse on me before I was done making the order and decided to cancel... then I hit the buy button instead of cancel. Luckily the order was still at the default of 100 shares. I decided to let it stew since it was such a small position, that and the hourly chart shows a slow steady multi-day uptrend.
Tomorrow I want to focus more on breakouts vs just momo trades.
Happy Trading, and Plant the Seeds of Education and Grow Your Pennies!
Profit.ly @PaperAccount & @PennyFarmer